Key money rate stays flat in Tokyo morning.
The central bank drained 700 billion yen from the banking system in its early morning market operations.
On the open market, the offered rates on one-month and two-month certificates of deposit also held steady at 0.03-0.04% and 0.05-0.06%, respectively.
The yield on the key September three-month Euroyen rate futures stood at 0.335% on the Tokyo International Financial Futures Exchange, unchanged from Monday.
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|Comment:||Key money rate stays flat in Tokyo morning.|
|Publication:||Japan Weekly Monitor|
|Date:||Feb 14, 2000|
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