boj minutes, 2002-02-08
In this situation, the bids in auctions of short-term Japanese government securities (JGSs) had become overheated since the end of January 2002, and as a result, the bid-to-cover ratio surged to as high as 198 times and the accepted bid rate dropped to as low as 0.002 percent.
Sentiment: neutral
Topic: mp_interest_rate