Bank of Japan To Buy 500bn yen of JGBs in Unscheduled Repo Operation


Japanese PM Abe said government ready to deploy further fiscal stimulus measures

“We’ve already compiled a spending package to forestall various risks”
“Will be funded by a supplementary budget for the current fiscal year ending in March and next fiscal year’s budget
“We’ll scrutinize the impact of the coronavirus on the global and Japanese economies. If further steps are deemed necessary, we will take action without hesitation”