BOJ will extend 5-year loans to financial institutions, effort to contain elevated yields

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 Source