BOJ mulls introducing unlimited purchase of gov't bonds to address virus

The Bank of Japan is considering introducing unlimited purchases of government bonds to provide ample liquidity to stabilize financial markets rattled by the global spread of the new coronavirus, sources close to the matter said Friday.The BOJ will discuss the removal of its annual target of bond purchasing of up to 80 trillion yen ($743 billion) at its next policy meeting on Monday, as part of its additional monetary easing steps to bolster companies hit by the virus spread, the sources said.The central bank has pledged to buy government bonds in a flexible manner to conduct its yield curv…READ FULL ARTICLE