BOJ’s Suzuki: Haven't decided on fate of pandemic relief programme that expires in March

The Bank of Japan (BOJ) Suzuki said that the central bank hasn’t decided on the fate of the pandemic relief programme that reaches the deadline in March.

Additional comments

Structural problems Japanese financial institutions face have not changed since when I became board member more than four years ago.

Japan's financial system has become somewhat more stable than before thanks to govt, BOJ measures to ease hit from the covid pandemic.

Without change at financial institutions to face structural woes, hard to sustain stability in Japan’s financial system

No change to basic view laid out on the economy, prices in BOJ’s Oct quarterly report.

Spread for Japan corporate bond, CP narrowing quite a bit.

Smaller firms' funding conditions have improved as a whole, but remain severe for some sectors.

Want to scrutinise BOJ’s Dec Tankan in deciding whether to extend the deadline for pandemic-relief programmes.

BOJ’s pandemic-relief programmes were introduced as an emergency step, so need to terminate them at some point in the future.