BOJ plans to reduce JGB purchases after policy shift

TOKYO, March 19 (Reuters) - The Bank of Japan (BOJ) announced on Tuesday it will reduce the amount of government bonds it will purchase after ending its negative interest rate policy and abolishing yield curve control (YCC).

According to the new guidelines, the BOJ will significantly reduce the top-end of the range of the amount of bonds the BOJ is planning to buy each time at its bond buying operation.

(Reporting by Brigid Riley and Junko Fujita; Editing by Kim Coghill)