Colosseum a.s. (Colosseum a.s.)
Commodities  |  April 09, 2013 15:18:28

The Bank of Japan launched a large-scale purchases of government bonds

ColosseumAccording to Reuters, the Bank of Japan (BOJ) started buying government bonds. The system has been in operation since Monday and BOJ announced that it bought bonds worth 1 trillion yen, which is $ 10.3 billion. These were mainly in bonds with maturities between 5 and 10 years and 200 billion yen bonds maturity exceeding 10 years. The central bank and monetary stimulus triggered the strongest in the world and promised to inject into the economy of $ 140 billion over two years. Under this measure, wants BOJ per month to buy government bonds worth 7.5 trillion yen, which is roughly 70% of the newly issued bonds. and # 160;

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