boj minutes, 2020-05-22
Some members said that the measures could be explained by referring to the following as a special program to support financing in response to the spread of COVID-19 with a total size of about 75 trillion yen: purchases of CP and corporate bonds (maximum amount outstanding: about 20 trillion yen) and the Special Operations (fund-provisioning against private debt pledged to the Bank as collateral: about 25 trillion yen [as of end-April]), coupled with the new fund-provisioning measure (fund-provisioning against eligible loans: about 30 trillion yen).
Sentiment: neutral
Topic: mp_economic_activity