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BOJ sets monthly record for bond purchases in December

Tamping down long-term rates contributed to buying of 17tn yen in JGBs

A man walks past the Bank of Japan's headquarters in Tokyo.   © Reuters

TOKYO -- The Bank of Japan's purchases of long-term Japanese government bonds exceeded 17 trillion yen ($130 billion) in December, the largest monthly total on record, underpinned by its efforts to curb rising interest rates.

This surpassed the previous record of 16 trillion yen from June.

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