Business & Finance

BoJ to start Thai baht fund scheme Nov 28

Published November 25, 2011 Updated November 25, 2011 09:55am

The BOJ said last month it was discussing the scheme with its Thai counterpart to assist funding of Japanese firms affected by the floods in Thailand and maintain financial market stability there.

The BoJ will open securities accounts for the Bank of Thailand to accept JGBs as collateral on Nov. 28, when

Thailand's central bank will start accepting JGBs as eligible collateral for financial institutions.

Copyright Reuters, 2011