Economic Calendar

Monday, April 6, 2009

BOJ May Accept Municipal Bonds as Collateral, Nikkei Reports

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By Fergus Maguire

April 6 (Bloomberg) -- The Bank of Japan may expand the range of collateral it accepts for supplying funds to financial institutions, Nikkei English News said, without citing anyone.

At its two-day policy meeting that begins today, the central bank will consider accepting privately-placed municipal bonds as collateral, the report said.




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