BOJ injects ample funds into money market for 5th straight day.TOKYO, Sept. 18 Kyodo The Bank of Japan (BOJ BOJ Bank Of Japan BOJ Bank of Jamaica BOJ Bourgas, Bulgaria (Airport Code) BOJ Beginning of Job ) provided the banking system with ample funds Tuesday for the fifth straight trading day In Business, the trading day is the time span that a particular stock exchange is open. For example, the New York Stock Exchange is, as of 2006, open from 09:30AM to 4:00PM. Trading days never take place on weekends. in a bid to stabilize the financial market following last week's terrorist attacks in the United States. The central bank left the cash reserves Cash reserves See: Cash investments cash reserves Investment funds that are held in short-term assets such as Treasury bills and certificates of deposit until more permanent investment opportunities are available. in accounts held at the BOJ by financial institutions at around 8 trillion yen, 2 trillion yen larger than usual. In response to the BOJ's action, the benchmark unsecured overnight call rate fell to 0.002% on a weighted average basis, down 0.001 percentage point from the previous day and matching the lowest level on record. The BOJ has kept providing ample liquidity to the financial market in tandem with its counterparts in other countries to secure market stability in the wake of the fatal attacks in Washington and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . |
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