BOJ debated buying longer-dated JGBs

Bank of Japan policymakers discussed buying longer-dated government bonds as a policy option, minutes of the bank’s January rate review showed, suggesting that such a move could be their preferred next step in expanding stimulus further.

Under its asset-buying programme, the BOJ buys government bonds with up to three years until maturity, as well as other assets such as corporate debt, to pump money into the economy.

via Business feed http://www.scmp.com/business/economy/article/1153732/boj-debated-buying-longer-dated-jgbs