Sumitomo Mitsui may resume JGB buys once inflation picks up

Business / Corporate Dec 25, 2013

Sumitomo Mitsui may resume JGB buys once inflation picks up

Sumitomo Mitsui Financial Group Inc., the biggest seller of Japanese government bonds among the nation's three biggest banks, may start buying again once inflation picks up, President Koichi Miyata said. The lending unit of Japan's second-largest bank by market value stopped selling JGBs after reaching ...