BOJ trims Sept 5-10 year JGB buying programme

The Bank of Japan (BOJ) publishes its monthly Japanese government bond plans for September.

Key Details:

Reduces September 5-10 year JGB buying programme to JPY 300-500bln versus 350-550bln previous.

Other maturities unchanged

Meanwhile, USD/JPY dipped to 110.40 on the above headlines, now recovering some ground to regain 110.50 barrier, up +0.26% on the day.