Bank of Japan sees no need now to buy municipal bonds: central bank official

TOKYO (Reuters) – The Bank of Japan does not see the need now to add municipal bonds to a list of assets it buys to pump money into the economy, a senior central bank official said on Thursday.

“We’re able to provide ample funds to the market with our purchases of Japanese government bonds (JGB),” Takeshi Kato, head of the BOJ’s monetary affairs department, told parliament.

(Reporting by Leika Kihara; Editing by Chang-Ran Kim)