A Bank of Japan statement, announces it’ll provide loans against collateral to banks
- BOJ will extend five-year loans against collateral to
financial institutions, in a effort to contain elevated yields - The BOJ will conduct the funds-supply operation next Tuesday
JGB yields have been steadily rising, a threat to the Bank’s YCC policy.
Bank of Japan Governor Ueda
This article was written by Eamonn Sheridan at www.forexlive.com. Source