Bank of Japan to conduct an unscheduled bond buying operation

<ul><li>BOJ offers to buy Y 100 bin JGBs (Residual maturity of 10YR to 25YR) outright from 10/19 </li><li>BOJ offers to buy 300 bin yen JGBs (Residual maturity of 5YR to 10YR) outright from 10/19 </li><li>BOJ offers to buy JGBs at fixed-rate with unlimited amount (Residual maturity of 5YR to 10YR) outright from 10/19</li></ul><p>The Bank of Japan doing so as part of its Yeild Curvew Control (YCC) efforts. </p><p>USD/JPY is little changed:</p>

This article was written by Eamonn Sheridan at www.forexlive.com.