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- Jun. 30, 2020
December 16, 2005
Bank of Japan
At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided to announce immediately that the Bank will let temporary measures relating to the purchases of asset-backed securities1 and the relaxing of eligibility standards for accepting asset-backed commercial paper in the Bank's market operations2 expire at the end of March 2006, as scheduled.
The Policy Board also decided that any asset-backed commercial paper deemed eligible under the current rules and purchased by March 31, 2006, with a repurchase agreement, will remain eligible until the day of repurchase.
These decisions were taken in view of effecting the smoothest possible expiry of the measures concerned.