Home BOJ maintains status-quo in December, extends corporate funding-aid package

BOJ maintains status-quo in December, extends corporate funding-aid package

Updated: 18 Dec. 2020 | 04:22

The Bank of Japan (BOJ) left its monetary policy setting unchanged after concluding its two-day September monetary policy review meeting on Friday.

The central bank left the key rate steady at -10bps while maintaining a 10yr JGB yield target at 0.00%.

The BOJ board members decided to extend the March 2021 deadline for the package of measures to ease corporate funding strains by 6 months.

USD/JPY is a little changed on the announcement, trading well bid around 103.40.

more to come …

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