Japan May Money Supply M2+CD (YoY) increase to 3.4% vs 3.3%

The BOJ monetary policy decision will be released in a few hours from now, and according to Yujiro Goto, FX strategist at Nomura, the BOJ is likely to consider extending the maturity of fixed rate fund supply operations against pooled collateral to 2-3yrs from 1yr, an idea first discussed at the meeting with JGB investors.