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BoJ market operations for three on-the-run issues of 10yr JGBs

SourceNewsquawk
SectionBoJ
  • Will change the minimum fee rate for applicable three on-the-run issues of 10y JGBs to 1.00% in principle from 0.25% as of February 27th.
  • Will lower the upper-limit on the amount of sales per issue from the amount outstanding of the bank's holdings, for applicable 10yr JBG issues.
  • Will not necessarily conduct fixed rate purchase operations for consecutive days for the applicable issues if yields for those within the secondary market are not expected to hit 0.5%.

via BoJ

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