News Headline Summary

BoJ senior official says many market participants asked BoJ to buy JGBs more often in smaller amounts

- Many market participants said BoJ should avoid buying JGBs on JGB auction days.
- Hope to announce JGB purchase schedule for June sometime late on Thursday.
- Some market participants said BoJ should consider offering funds in market operations beyond one year.
- Some market participants said BoJ should buy more debt in 1 to 5 year zone to lower volatility.
- BoJ is prepared to increase frequency of JGB purchases and it is possible to conduct around ten purchases per month.

29 May 2013 - 11:07 - Fixed Income - Source: Newswires

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