In a bid to stimulate Japan’s economy, The Bank of Japan (BoJ) has removed the cap on quantitative easing by removing guidance that it would only buy government bonds worth up to 80 trillion yen (£59bn) a year.
Additionally, the BoJ has raised a cap on holdings of business debt including commercial paper and corporate bonds from 7 trillion yen to 20 trillion yen as they sought to step up quantitative easing.
Source: https://bit.ly/2xg8Zb6
