Corporate debt purchase no longer vital: BoJ

bank-of-japan

The Bank of Japan's Monetary Policy Council said that the financial conditions were recovering, particularly in corporate fundraising, minutes of the latest rate-setting meeting show.

During the central bank's September policy meeting, several members of the committee said that emergency measures to purchase corporate debt were no longer vital, implying that they could be brought to an end soon.

The minutes said: "The positive effects these measures could produce were on the wane, as evidenced

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