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BOJ bond market survey shows index measuring market functioning at record low

BOJ bond market survey shows index measuring market functioning at record low

FILE PHOTO: A man walks at the headquarters of Bank of Japan in Tokyo, Japan, January 18, 2023. REUTERS/Issei Kato

TOKYO : The Bank of Japan's (BOJ) index measuring the degree of JGB market functioning worsened to an all-time low of minus 64 in February from the previous low of minus 51 in November, according to a quarterly central bank survey of 70 financial institutions conducted on Feb. 1-7.

The BOJ began its bond market survey with government bond dealers in February 2015, checking once a quarter how the debt market is functioning and collects views on yields.

Source: Reuters

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