BOJ’s Kuroda: BOJ’s bond purchases are not hampering market functions

Further comments are hitting the wires from the Bank of Japan (BOJ) Chief Kuroda, via Reuters, as he continues to speak on the central bank’s monetary policy and JGB operations.

Key Quotes:

Important to ensure market trust in medium to long-term fiscal conditions.

BOJ’s bond purchases are not hampering market functions.

Govt primary budget balance target is helping ensure market confidence in public finances.

BOJ bond purchases aimed at achieving price stability target, not financing govt debt.