BOJ fails to sell planned funds

The Bank of Japan failed to drain a planned amount of funds in its money market operation on Thursday 24 March for the first time in some 49 months, the central bank said.

As the BOJ offered to sell 800 billion yen in Japanese government bonds under repurchase agreements, bids were limited to 530 billion yen, it said.

The previous undersubscription in the BOJ's fund-draining operation was seen on Feb. 15, 2001.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: