The road appears Tokyo on March 13 - the message personage of idea of familiar Japan Central Bank says, should go next week to may raise commercial bill and debenture buy dimensions. At present the market shows the sign of increasing capital insecurity, the influence that the reason is epidemic situation of virus of shape of people concern coronal is expanding ceaselessly.
This action will be Japanese Central Bank is in the total money that took on conference of 18-19 day policy in March is loose the one part of the plan, the plan still may include acceptance to increase buy bourse to trade fund (ETF) .
Hold of Japanese Central Bank about 2.2 trillion yen (28 billion dollar) commercial bill and the debenture of 3.2 trillion yen. At present acceptance buys the Central Bank this kind of asset, be in in order to hold the remaining sum of this kind of asset of its hold current scale.
Message personage says, the acceptance on the policy conference that Japanese Central Bank may be in next week quickens the pace that buys this kind of property, increase place to hold remaining sum, in order to ensure the enterprise won't face financing difficulty.
"Not be to say Japanese enterprise issues commercial bill and debenture to have difficulty now. However more enterprises are fond of so do, have enough ready money in order to ensure, " a message personage says. As a result of the sensitivity of this matter, requirement of this message personage is faceless.
Another message personage says, "Japanese Central Bank may take the step that has specific aim, in order to ensure financial state of Japan won't be tightened up. In order to ensure financial state of Japan won't be tightened up..
This week situation will record global stock market so that the wrongest a week behaved since financial crisis 2008, the panicky sex usu. in anticipation of or in order to bring about a fall in price that epidemic situation of coronal shape virus causes pounded all asset category almost, the move that investor worries about the Central Bank can't alleviate possibly the effect that epidemic situation causes.
The market steeps fall caused the risk such as pair of Japan bonds even the undersell of nearly 0 asset, the price of these asset drops considerably, because investor sells his,go out set now, in order to offset the loss of the stock market.
Japanese Central Bank undertook certificate is bought planning external debt, rise with yield of keep within limits, this is since 2018 first this kind of action. But this is helpless the intense sentiment at pacifying the market, because enterprise and investor are being sought,add manage ready money, with be on guard the market fluctuates.
Basis one the name is " yield curve is controlled " (the policy of YCC) , japanese Central Bank guides short-term interest rate to be in negative 0.1% , 10 years period bonds yield is in 0 the left and right sides. The Central Bank still is bought or the high venture capital such as bill of hold ETF, trade and debenture, carry fund the market.
Japanese Central Bank is bearing all the time pressure, ask its follow the step that follows other and main Central Bank to increase exciting strength, because the market is turbulent,push Japanese economy possibly decline with the influence of epidemic situation.
Message personage says, the Central Bank expects next week the assessment that will reduce pair of economy, current view is economy is shown " the trend of measurable dilate " .
However, a lot of policy constitutor of Japanese Central Bank lose interest rate to support cautious attitude to be being reduced further, because they are afraid, negative interest rate closes narrow this exhausted already the profit margin of weak area bank, make them bear thereby greater pressure. The analyst expresses, this makes increase asset to buy remnant of the place in making kit of Japanese Central Bank very few one of tools, the Central Bank will employ these tools to prevent business confidence to worsen further.
Origin: Money China company
Date of public of small letter of finance and economics of attention straight flush (Ths518) , get information of more finance and economics
