15 Mar 2016
BOJ Kuroda: Decision on MRFS to help portfolio rebalancing
More comments from BOJ's Kuroda yet again as he explains the bank’s stance on MRFS:
Expects portfolio rebalancing to materialise by exempting MRFS from negative rates
Don’t expect negative rates to hurt banks' profits
Negative rates to apply to 10 to 30 trln Yen of
reserves in current account
Expects portfolio rebalancing to materialise by exempting MRFS from negative rates
Don’t expect negative rates to hurt banks' profits
Negative rates to apply to 10 to 30 trln Yen of
reserves in current account