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Japan Minutes of the Monetary Policy Meeting

From boj.or.jp

The Bank, in accordance with the guideline decided at the previous meeting on February 13 and 14, 2012, had been providing ample funds sufficient to meet demand in financial markets and was doing its utmost to ensure stability in the markets.6 In this situation, the uncollateralized overnight call rate had been in the range of 0.075 to around 0.095 percent. With a view to proceeding smoothly with the purchase of financial assets and the disbursement of loans through the funds-supplying operation against pooled collateral under the Asset Purchase Program (hereafter the Program), the Bank redefined the set of issues of ... (full story)

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