The BoJ offers to buy a total of Y1.85tn of JGBs from the market:
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The BoJ offers to buy an unlimited amount of 5- to 10-Year JGBs at a fixed rate.
Japan's government maintained its assessment of the domestic economy for the sixth straight month but lowered its view on the global economic outlook for the first time since August, the Cabinet Office said on Wednesday -- on MNI Policy MainWire now, for more details please contact sales@marketnews.com.
Citi note that “the Asia FX complex was overall much more active Tuesday in NY than in recent days and weeks, though flows were not too thematic, with better USD selling during NY morning and some corporate USD buying over the day.”