Recently, the Japanese Ministry of Finance announced that it will carry out a bond repurchase operation. It is expected that on August 8th, 2024, the Ministry of Finance will repurchase government bonds totaling 20 billion yen. At the same time, the Bank of Japan also plans to conduct a series of bond purchase activities at the same time, including purchasing 350 billion yen in Japanese government bonds with a maturity of 1-3 years, 150 billion yen in Japanese government bonds with a maturity of 10-25 years, and 375 billion yen in Japanese government bonds with a maturity of 3-5 years. These measures aim to stabilize the market and promote economic recovery.