May 22, 2020

BOJ INTRODUCED A NEW FUND SUPPLYING MEASURE

Share on facebook
Share on twitter
Share on linkedin
Share on email

In Short

The BoJ introduced a new fund-supplying measure for financial institutions against pooled collateral for up to 1 year at a rate of 0%.
BOJ INTRODUCED A NEW FUND SUPPLYING MEASURE
Share on facebook
Share on twitter
Share on linkedin
Share on email

Highlights:

  • The Bank of Japan (BoJ) held an unscheduled policy meeting today.
  • It introduced a new scheme which offers loans against pooled collateral to financial institutions at an interest rate of 0% with maturity of up to one year.
  • The measure is geared towards supporting financing for small and medium-sized enterprises (SMEs).
  • The BoJ also decided to extend its existing measures until the end of March 2021.
  • While today’s measures are welcome support, we do not expect the BoJ to touch its current rates within its yield curve control approach.

Download the full publication below

BOJ INTRODUCED A NEW FUND SUPPLYING MEASURE

Also interesting

Open-sign-reopening-shop-woman-hands-window
00:06:03
May 5, 2021
Podcast

The Spotlight ǀ Generali Investments Podcast: Grand Reopening

Open-sign-reopening-shop-woman-hands-window
April 30, 2021
Market Perspectives

Grand reopening

size 3
April 29, 2021
Market Commentary

COVID-19 UPDATE Facts & Figures