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Bank of Japan

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Bank of Japan
The central bank of Japan. It is responsible for issuing the yen, setting monetary policy, issuing Japanese government securities, and providing settlement in order to preserve a strong financial industry. It works closely with the Japanese government. It was established in 1882.


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The Bank of Japan said it would offer subordinated loans, covering risky debt, of up to one trillion yen to encourage the banks to keep lending during the credit crunch.
The government and the Bank of Japan must employ all available measures to prevent the economy from sinking any further.
The Bank of Japan left its operating target, the uncollateralized overnight call rate, unchanged at 0.
 
 
 
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