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BOJ takes no additional methods to curb bond market volatility

(Xinhua)

16:34, June 11, 2013

TOKYO, June 11 (Xinhua) -- The Bank of Japan (BOJ), the country 's central bank, decided on Tuesday not to take any additional steps to ease volatility in the government bond market.

BOJ's nine-member Policy Board decided unanimously to maintain the bank's monetary easing policy introduced in April, saying it will conduct market operations to increase the monetary base at an annual pace of about 60 trillion to 70 trillion yen.

The central bank upgraded its assessment of the domestic economy for the sixth consecutive month, saying it "has been picking up."

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