Bank of Japan Governor Toshihiko Fukui said on Wednesday the central bank had no plans to immediately reduce the amount of government bonds it buys outright after it finishes reducing current account deposits to a normal level. The BOJ has said it will continue to buy long-term government bonds outright from the market at the same pace and amount even after ending its hyper-easy monetary policy two weeks ago. But markets speculate the BOJ may reduce the buying as it draws down excess liquidity from the market. Speaking to a parliamentary committee, Fukui said: "It will take several months to finish absorbing the amount of current account deposits." "We don't plan to cut the amount of JGB outright buying immediately after those several months." Fukui also said adjusting the BOJ's government bond buying operations is a possible option in the future but is not yet a priority. On maintaining the bond buying, Fukui said: "It would not be out of line with our continued efforts to ensure smooth market operations," but added: "It may be possible that adjustments become necessary in the future. But it's not a priority issue now." The central bank currently buys 1.2 trillion yen ($10 billion) in long-term Japanese government bonds outright from the market per month. Government ministers said the BOJ's outright bond buying had helped keep long-term interest rates at low levels, but refrained from putting overt pressure on the central bank to keep up the buying. The government is worried that any cut in the BOJ's outright JGB buying could push up long-term interest rates, which would be bad news for the government in its efforts to cut the state's swelling debt.