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BoJ To Purchase Unlimited 10-year JGBs At 0.25%

The Bank of Japan offered to buy unlimited amount of 10-year Japanese Government Bonds after yields rose to the upper end of the target range. In a statement released Monday, the central bank said it will buy unlimited amount of 10-year JGBs at 0.25 percent for three consecutive days starting March 29. Earlier, the central bank had conducted unlimited JGB purchases at 0.25 percent on February 14.
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