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BOJ offers $30 bln in dollar supply operation

Tue Sep 23, 2008 9:50pm EDT

TOKYO, Sept 24 (Reuters) - The Bank of Japan offered $30 billion in one-month funds to the money market on Wednesday, the central bank said, as part of a worldwide central bank effort to deal with strong dollar demand.

Bonds

The BOJ and other major central banks including the U.S. Federal Reserve announced joint measures last Thursday to pump billions of dollars into global money markets in an effort to ease a funding squeeze triggered by the upheaval on Wall Street.

The BOJ said the start date for the operation was Sept. 25 in the United States and the end date was Oct. 23 in the United States. The minimum bid rate at the auction is 1.940 percent, the BOJ said.

Bonds


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