APAC Daily Chart Book
June 17, 2025
Japan
The BoJ policy board kept the overnight call rate steady at 0.5% by a unanimous vote. The policy board decided to maintain its existing bond purchase taper program for the remainder of the financial year through to March 2026. From fiscal 2026, the BoJ will reduce monthly bond purchases by JPY 200 billion each quarter so that monthly purchases fall to around JPY 2 trillion by March 2027. The stable bond purchase program for the remainder of the current FY will help reassure market participants concerned about the strength of overall demand for JGBs, especially at the long end of the curve.
China
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