Weekly NYC Bank Clearing House Reserves, Required Reserves and Surplus Reserves and Weekly Call Loan Rate
Weekly Range Call Loan Required Surplus Rate Weekly Date Week of Reservess Reserves Reserves Range 8/3/1907 $282,298,800 $274,825,600 $7,473,200 2 to 3.
Market sources attributed the high call loan rate
to credit squeeze fears as well as growing fund demand toward banks' book closings for the fiscal first half to the end of this month.
36) The call loan rate
did have a statistically significant seasonal pattern between January 1919 and December 1927.
Under the zero interest rate policy of pegging the call loan rate
close to zero, life insurers had kept funds in ordinary deposits with a higher interest rate of 0.
The policy board of Japan's central bank has also voted unanimously to leave the unsecured overnight call loan rate
Under the ultra-easy monetary policy adopted in February 1999, the BOJ steers the unsecured overnight call loan rate
as low as possible to prop up economic activity.
unsecured overnight call loan rate
on hold, a level unchanged since October
The BOJ board has voted unanimously to leave its unsecured overnight call loan rate
unchanged at 0.
Under the zero-rate policy adopted in February 1999, the central bank steers the key unsecured overnight call loan rate
as low as possible to prop up the economy.
Bank of Japan (BOJ) has decided to keep its unsecured overnight call loan rate
unchanged at 0.
Toward the end of March, the central bank is expected to push lower other short-term rates than the unsecured overnight call loan rate
, the money-market sources said.
At the meeting, BOJ Governor Masaaki Shirakawa and his eight board colleagues also voted unanimously to keep the unsecured overnight call loan rate
on hold at 0.