BOJ to conduct consecutive fixed-rate purchase operations for JGBs from April 21-26

The Bank of Japan (BOJ) said in a statement on Wednesday, it will consecutive unlimited fixed-rate purchase operations for 10-year Japanese Government Bonds (JGBs) at 0.25% from April 21 to 26.

The BOJ announced consecutive unlimited fixed-rate purchase operations to achieve policy to anchor 10-year JGB yields around 0%, in the face of the recent yield movements.