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Exclusive: Bank of Japan weighs unlimited government bond buying

Central bank prepares for rise in debt issuance as Abe deploys stimulus

The Bank of Japan will condense its next policy meeting into one day on April 27.   © Reuters

TOKYO -- The Bank of Japan next week will discuss shifting to unlimited purchases of Japanese government bonds in response to a deep coronavirus-induced economic slump, Nikkei has learned.

The BOJ also will weigh doubling yearly purchases of corporate bonds and commercial paper during the policy meeting Monday, sources say, in an effort to help cash-strapped businesses finance their operations.

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