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Key money market rate at 0.02% in Tokyo.

TOKYO, Sept. 10 Kyodo

The key money market rate was 0.02 % in Tokyo on Friday Friday: see Sabbath; week.

Friday

young Indian rescued by Crusoe and kept as servant and companion. [Br. Lit.: Robinson Crusoe]

See : Servant
 morning, down from Thursday's weighted average of 0.06%.

Brokers said calm has returned to the market after worries over a possible computer problem on Thursday Thursday: see week.  proved unjustified.

At its regular morning operation time Friday, the Bank of Japan drained 1.3 trillion One thousand times one billion, which is 1, followed by 12 zeros, or 10 to the 12th power. See space/time.

(mathematics) trillion - In Britain, France, and Germany, 10^18 or a million cubed.

In the USA and Canada, 10^12.
 yen from the market, leaving it with a surplus of 1.1 trillion yen.

On the primary market, three-month certificates of deposit were offered at between 0.025% and 0.030%, but no deals were struck.

The yield of the benchmark March 2000 contract in three-month Euroyen Euroyen

Japanese yen-denominated deposits held in banks outside Japan. Also a term that refers to yen traded in the Eurocurrency market.

Notes:
An example of Euroyen would be yen deposits held in U.S. banks.
 rate futures was 0.27%, unchanged from late Thursday.
COPYRIGHT 1999 Kyodo News International, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999 Gale, Cengage Learning. All rights reserved.

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Comment:Key money market rate at 0.02% in Tokyo.
Publication:Japan Weekly Monitor
Geographic Code:9JAPA
Date:Sep 13, 1999
Words:115
Previous Article:Dollar surges nearly 2 yen in Tokyo morning.
Next Article:Tokyo stocks close moderately higher.
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