Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Capital Markets JGB market running dry on BOJ's massive purchases SETSUO OTSUKA, Nikkei senior staff writer May 8, 2014 13:00 JST | Japan
TOKYO -- The secondary market for Japanese government bonds is running dry as a result of massive purchases by the Bank of Japan.
That view spread among market players as no trading involving newly issued 10-year JGBs took place for the first time in 13 years on April 14.
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