Bank of Japan keeps discount rate stable

11:23 - 22.09.2023

September 22, Fineko/ The Bank of Japan has kept the refinancing rate unchanged at the last monetary policy meeting.

ABC.AZ reports that the central bank kept the refinancing rate at -0.1% and set the yield of 10-year Japanese government bonds at a level close to zero.

At the same time, the central bank set the range of fluctuations in the yield of ten-year government bonds at plus and minus 0.5 p.p. from the target level, adding that these boundaries are a guideline, not a rigid framework.


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