The Bank of Japan will discuss further steps to ease corporate funding strains at this month’s rate review to pump more money to small firms grappling with slumping sales due to the coronavirus outbreak, sources told Reuters.?While discussions are still in the initial stages, possible options on the table include further increases in purchases of corporate bonds and commercial paper (CP) and an expansion in the range of assets the central bank accepts as collateral in offering financial institutions loans.
Reuters exclusively reports plans by BOJ to ease corporate funding strains
16 April 2020, 12:00 am. 1 minute
Type: Reuters Best
Sectors: FX & Fixed Income
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