BoJ’s Sato outlines efforts to reform repo market
Markets should be more transparent, stable, efficient and globalised
Takehiro Sato, a member of the Bank of Japan's (BoJ) policy board, today (May 13) outlined a number of ways in which the central bank is seeking to improve the functioning of repo markets.
Addressing a meeting of the Futures Industry Association in Tokyo, Sato said there were four main areas the BoJ is working on: transparency, stability, efficiency and globalisation.
Japanese authorities are looking to enhance transparency by collecting better repo data at both the national and international
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