Free Trial

MNI POLICY: BOJ To Make Efforts To Stabilize Mkts: Kuroda

MNI (London)
--BOJ Governor Pledges To Provide Ample Liquidity To System
     TOKYO (MNI) - The Bank of Japan Monday released a statement by BOJ Governor
Haruhiko Kuroda.
     "Global financial and capital markets have been unstable recently with
growing uncertainties about the outlook for economic activity due to the spread
of the novel coronavirus," the statement said. 
     "The Bank of Japan will closely monitor future developments, and will
strive to provide ample liquidity and ensure stability in financial markets
through appropriate market operations and asset purchases," Kuroda added.
     In an early move immediately following the announcement, the BOJ offered to
buy JPY500 billion JGBs via its market operations. 
--MNI Tokyo Bureau; tel: +81 90-2175-0040; email: hiroshi.inoue@marketnews.com
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
[TOPICS: MMJBJ$,M$A$$$,M$J$$$,MT$$$$]
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.