The BOJ will conduct the funds-supply operation on Feb. 28, under which it will offer loans with a 5-year duration from March 1, it said in a statement. (Reporting by Junko Fujita; Editing by Himani Sarkar)
TOKYO, Feb 22 (Reuters) - The Bank of Japan said on
Wednesday it will extend 5-year loans against collateral to
financial institutions, part of its efforts to defend its yield
curve control policy.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.