BOJ fails to sell planned funds

Central Banking staff
24 Mar 2005

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

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.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]