First, measures to repair financial markets in response to the financial crisis; second, aggressive monetary easing in response to the economic plunge; and third, a new approach toward strengthening the foundations for economic growth. Various temporary measures to repair market function First, measures to repair the market function.
Having been affected by the global financial crisis since the autumn of 2008, the market functioning of Japan’s financial markets also declined rapidly, although the overall market sentiment has been significantly stable compared with that in the United States and Europe. The issuance of CP and corporate bonds became difficult and corporate funding became tight.