3I Development Direction for Money Market Infrastructure, Monetary Operations, and Payment Systems Moving Forward  BANKING SYSTEM  Customer  FOMOBO/Swift  Multimatching System  Intervention: Spot, DNDF BANK  BANK  Order  Nonbank  Rp  Member Bank  OIS  Forex BANK  IRS  Repo SBN  Swap  DNDF  Forward  Spot  MO Rupiah: Repo, RR-SBN Agent Bank  • Issuance auction of SBN/SBSN/SUKBI, others  REFINITIV  Member Bank  Bloomberg  360T  Monetary Operation (MO) & other auction  • MO FX: FX Term Deposit, FX SBBI • Issuance auction: SBN /SBSN FX  BANK  Data/Information Flow  • Standing Facilities: DF & LF  Member Bank  Nonresident  Transaction Flow  MO FX : FX Swap BI  BANK  BANK  BANK  BANK  Call money  Repo  OIS  IRS  Other Money Market  Spot  DNDF  Forward  FX Swap  Other FX Market  Market Info: • Market Rate • Market liquidity  Benchmark Price & Monetar Operation Result: • Volume & Repo o/n rate • Volume & rate OIS • JISDOR  CCP: DNDF, Repo, OIS, IRS  Trade Repository  Secondary SBN auction o.b.o.
Toshihiko Fukui: Overall review of the Bank of Japan’s conduct of monetary policy Statement by Mr Toshihiko Fukui, Governor of the Bank of Japan, concerning the Bank’s Semiannual Report on Currency and Monetary Control before the Committee on Financial Affairs, House of Councillors, Tokyo, 28 October 2004.