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Announcement of the Monetary Policy Meeting Decisions (Oct.29)

October 29, 2001
Bank of Japan

(For immediate release)

At the Monetary Policy Meeting held today, the Bank of Japan decided, by majority vote, to maintain the following guideline for money market operations for the inter-meeting period:The Bank of Japan will provide ample liquidity to the money market by aiming at maintaining the outstanding balance of current accounts held at the Bank at above 6 trillion yen.

(Reference)

Meeting hours :
October 29th : 9:00 a.m. to 13:59 p.m.

Members present :
Masaru Hayami (Governor)
Sakuya Fujiwara (Deputy Governor)
Yutaka Yamaguchi (Deputy Governor)
Toshio Miki
Nobuyuki Nakahara
Kazuo Ueda
Teizo Taya
Miyako Suda
Shin Nakahara

(Others present)

From Ministry of Finance:
Hideto Fujii, Deputy Vice Minister for Policy Planning and Co-ordination
(from 9:00 a.m.)From Cabinet Office:
Yuzo Kobayashi, Director General for Economic and Fiscal Management
(from 9:00 a.m.)

Release of minutes :
2:00 p.m. on Tuesday, December 4, 2001