BOJ says it plans to keep current pace of bond buying in March

At the same time announces JGB purchase operation dates

  • To purchase 1-5 year JGBs on March 2, 7, 14, 19, 23, and 30
  • To purchase 5-10 year JGBs on March 2, 12, 14, 19, 22, and 30
  • To purchase >10 year JGBs on March 7, 12, 16, 22, and 28

They did however remove the reference on the expected amount of T-bill purchases.

The BOJ today cut back on its 25+ year JGB purchases by a tad bit, which caused the yen to rally. They pulled off a similar move in January as well, but then increased purchases in the 3-5 years JGB tenors later on - and insisted that the "taper" are technical adjustments, not changes in monetary policy.

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