On the Request from the Government to Postpone the Vote

August 11, 2000
Bank of Japan

At the Monetary Policy Meeting held today, the delegates of the Ministry of Finance and the Economic Planning Agency requested, pursuant to Article 19, Section 2 of the Bank of Japan Law, that the Policy Board postpone a vote on the proposed change of the guideline for money market operations until the next Monetary Policy Meeting.Pursuant to Section 3 of the same Article, the Policy Board took a vote on this request and rejected it by majority vote.