BOJ releases summary of market views on bond taper plan

📆 09/07/2024 03:10 a. m.
📰 ChannelNewsAsia

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TOKYO : The Bank of Japan on Tuesday released a summary of opinions it collected in a survey of bond market participants on how the central bank should taper its huge bond purchases.

FILE PHOTO: A man walks past the Bank of Japan building in Tokyo, Japan March 18, 2024. REUTERS/Kim Kyung-Hoon/File Photo

The summary included opinions that called for an even faster pace of tapering, with one saying the BOJ should aim to trim buying to around 1-2 trillion yen per month. The outcome of the meeting will be taken into account when the BOJ lays out its bond-tapering plan later this month.

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