BoJ’s cut to bond purchases not an exit strategy, say analysts

The Bank of Japan
Analysts do not view the BoJ's move as a major policy shift

The Bank of Japan has trimmed its long-dated government bond purchases. Although the unexpected action stoked speculation that the central bank could start to wind down its stimulus policy this year, analysts say the cutback likely does not signal a major policy shift.

According to the announcement on January 9, the BoJ would reduce its outright purchases of Japan government bonds with maturities of 10–25 years to ¥190 billion ($1.7 billion) in today’s (January 11) auction, instead of ¥200

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: