BOJ Member Deposit Plan Would Unleash $373 Billion: Japan Credit

The proposal by a Bank of Japan (8301) board member to scrap interest paid on lenders’ deposits raises the prospect of a flood of cash into a bond market where yields are near a nine-year low. While Koji Ishida’s plan to abolish the 0.1 percent payment was rejected by a majority vote when a two-d…

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BOJ Member Deposit Plan Would Unleash $373 Billion: Japan Credit

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