BoJ announces a second unplanned bond purchase operation on Friday

On Friday, the Bank of Japan (BoJ) resorted to a second unplanned Japanese Government Bonds (JGB) purchase operation.

Also read: BoJ announces unplanned bond-buying on Friday

Key details

BoJ offers to buy 100 billion yen in 3-5 year JGBs.

BoJ offers to buy 200 billion yen in 5-10 year JGBs.

BoJ offers to buy 100 billion yen in 10-25 year JGBs.

BoJ offers zero-interest loans to banks in order to cap yields.

Market reaction

USD/JPY was last seen trading at 129.22, modestly flat on the day.