Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Economy
In reply to the discussion: STOCK MARKET WATCH, Wednesday, December 14, 2011 [View all]xchrom
(108,903 posts)47. asia: BOJ to inject additional $4.7 billion into money markets
http://www.japantimes.co.jp/text/nb20111214a3.html
The Bank of Japan said Tuesday it will provide an additional $4.77 billion to money markets as part of measures to ease tensions over funding conditions for commercial lenders affected by the sovereign debt crisis in Europe.
It will be the biggest move since the BOJ reintroduced such operations in May 2010. The move follows an agreement last month between six central banks, in the U.S., Japan, Canada and Europe, to boost dollar-fund injections into domestic markets.
In an auction held Tuesday, bids for the short-term funds totaled $4.77 billion and the BOJ accepted all of them.
The Bank of Japan said Tuesday it will provide an additional $4.77 billion to money markets as part of measures to ease tensions over funding conditions for commercial lenders affected by the sovereign debt crisis in Europe.
It will be the biggest move since the BOJ reintroduced such operations in May 2010. The move follows an agreement last month between six central banks, in the U.S., Japan, Canada and Europe, to boost dollar-fund injections into domestic markets.
In an auction held Tuesday, bids for the short-term funds totaled $4.77 billion and the BOJ accepted all of them.
Edit history
Please sign in to view edit histories.
117 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
Management Gurus Claim They were Blindsided by Toxic Culture at Countrywide By Michael Hudson
Demeter
Dec 2011
#7
Why No Financial Crisis Prosecutions? Ex-Justice Official Says It’s Just too Hard By Marian Wang
Demeter
Dec 2011
#9
Notice How Subtly TIME Smears Occupation Movement with the Image of a Masked "Terrorist"
Demeter
Dec 2011
#36
Plus the not so subtle woman wearing a hajib lower in the scarf design of the main pic.
dixiegrrrrl
Dec 2011
#88
Secretive Millionaires Funding Online Primary For 'Independent' White House Run
Demeter
Dec 2011
#32
Stiglitz: US must invest massively in infrastructure, technology, and education
Ghost Dog
Dec 2011
#72
Detainment Camps Going Live: FEMA Seeking Subcontractors “Temporary Camp Services” In All 50 States
Demeter
Dec 2011
#69
"...across the entire United States..." What does it mean? Evenly distributed throughout all States
Ghost Dog
Dec 2011
#100
Why Is Eric Cantor Blocking the Congressional Insider Trading Act? By John Carney
Demeter
Dec 2011
#79
Last Week Americans Pulled The Most Money From Stock Market Since US Downgrade, Despite Market Surge
Demeter
Dec 2011
#80
Former Financial Advisor Gets 20 Years For Bilking Widows, Holocaust Survivors
Demeter
Dec 2011
#114