Extraordinary monetary policy meeting held on 22nd at BOJ to decide additional support May 19 18:03
The Bank of Japan announced on the 19th that it will hold an extraordinary monetary policy meeting on 22nd this month to decide to introduce a new system to support the financing of SMEs.
At the meeting, in order to boost the real-interest-free and unsecured lending by private-sector financial institutions starting this month, a formal decision will be made to implement a mechanism to issue a loan at the interest rate of 0% to the financial institution that provided the loan, and promptly implement it. It is a policy. It is unusual for the Bank of Japan to announce the holding of an ad hoc monetary policy meeting in advance.