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The Bank of Japan conducts a refinancing operation for 4,7 billion dollars

The operation, which has a duration of three months, was conducted as part of the joint agreement reached with the other world central banks, which had proposed to provide greater liquidity in dollars.

The Bank of Japan conducts a refinancing operation for 4,7 billion dollars

La Bank of Japan has carried out a refinancing of the value of 4,7 billion dollars, in the context of thatjoint agreement reached with the other central banks worlds, which had set out to provide greater liquidity in dollars. This is the largest operation of its kind conducted by the Central Bank of Japan.

The Bank of Japan's initiative has a duration of three months, with an expiry date of 8 March, and is conducted at a rate of 0,61%, against 1,12% for similar previous operations. The agreement with the other global central banks was to reduce the cost of this type of operation by 50 points.

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