BoJ may ease rules on asset-backed securities

Proposed rule changes to the Bank of Japan's asset-backed securities purchase will be on the agenda for discussion when the BoJ Policy Board convenes on Jan 19-20.

The Bank of Japan began buying securities last July as part of its monetary relaxation policy, with purchases now totalling some 250 bn yen, only one-quarter the maximum authorized amount of 1 trln yen.

The current rules require that 50 pc of the securities purchased by the BoJ be backed by the assets of small and midsize firms. The

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: