No stocks bought by BOJ in late July

Data released on Tuesday 3 August showed that the Bank of Japan did not buy any stocks from domestic banks in late July.

The BOJ said it bought a cumulative 1.981 trillion yen ($17.87 billion) of shares held by domestic banks by July 31, unchanged from July 20. The figure has not changed since late June.

Under the programme, which began in late 2002 and aims to reduce banks' vulnerability to market volatility, the BOJ plans to buy up to a limit of 3 trillion yen in shares from banks by Septembe

To continue reading...