31 March 2023
The Bank of Japan (BOJ) on Friday raised the maximum size of its planned Japanese government bond (JGB) purchases for all maturities over the next three months, doubling down on efforts to defend its ultra-loose policy. The BOJ said it would offer to buy between 475 billion yen and 875 billion yen ($3.57 billion-$6.57 billion) of 5-year to 10-year bonds, raising the top end of the range…