• Kyodo

  • SHARE

The Bank of Japan on Monday started the process of buying ¥1.2 trillion worth of long-term government bonds under its new monetary easing program to flood the financial markets with cash.

The central bank plans to buy ¥6.2 trillion worth of government bonds with maturities of over five years in five rounds of market operations this month, kicking off an asset-buying binge designed to stoke 2 percent inflation in two years.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW