BOJ eyes accepting subordinated debts

BOJ eyes accepting subordinated debts

TOKYO, Japan - Bank of Japan Governor Masaaki Shirakawa speaks at a news conference at the BOJ's headquarters in Tokyo on March 17. Shirakawa said that the BOJ will consider taking subordinated loans and subordinated bonds worth up to 1 trillion yen issued by commercial banks in an unusual emergency step to encourage them to lend more money to businesses amid the economic downturn. (Kyodo)

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