Japan reduces short-term securities interest rate

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Source: Reuters
On Tuesday, July 17, the Bank of Japan reduced 0.1% interest rate for ten-year government bonds that have less than a year until maturity. This rather technical action is intended to stimulate easier purchasing at market operations. Japan decided not to stimulate the economy as its peers do, but rather rely on robust national demand.
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Tue, 17 Jul 2012 10:43:12 GMT

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