The Bank of Japan (BOJ) set a new offer for its bond-buying programme on June 14, announcing it would buy JPY500 bln worth of Japanese Government Bonds (JGB) with a maturity of over five years and up to 10 years.
The BOJ said that it will increase the amount of offers for its bond-buying as needed.
Market reaction
USD/JPY remains unfazed by the BOJ announcement, trading at 135.05, up 0.46% on the day, as of writing.