Daily Archives: March 8, 2010

Robin Harding

The market seems to be convincing itself that the Bank of Japan will change policy soon, with an extension of its Y10,000bn in 0.1 per cent, three-month loans to the six-month maturity the most likely option.

That policy was introduced at an emergency monetary policy meeting on 1st December 2010. Given the possibility that the BOJ will use the six-month maturity as well it’s interesting to ask what the three-month lending policy has achieved. Read more