The Bank of Japan will reduce monthly bond purchases by 200 billion yen in the third quarter, advancing the downsizing plan that has continued for many years. The Bank of Japan issued a statement on Wednesday saying that it will buy 2.3 trillion yen bonds in October-December, while the three-month debt purchase scale as of September 30 is 2.5 trillion yen. The central bank will slow down purchases of 1-25 year bonds. The operation is in line with the plan announced in June last year.

The Bank of Japan will reduce monthly bond purchases by 200 billion yen in the third quarter, advancing the downsizing plan that has continued for many years. The Bank of Japan issued a statement on Wednesday saying that it will buy 2.3 trillion yen bonds in October-December, while the three-month debt purchase scale as of September 30 is 2.5 trillion yen. The central bank will slow down purchases of 1-25 year bonds. The operation is in line with the plan announced in June last year.