TOKYO (Reuters) – The Bank of Japan on Friday increased the types of 10-year Japanese government bonds it targets in fixed-rate, unlimited purchases as part of efforts to defend its 0.25% yield cap.
The central bank also decided to relax terms of a securities lending facility, under which it lends out government bonds in short supply to financial institutions, to address liquidity strains in the market.
(Reporting by Leika Kihara; Editing by Mark Potter)
