Another instrument which allowed the Reserve Bank to expand liquidity was the unwinding of the market stabilisation scheme (MSS) securities.
May 29, 2019  Ba n k o f J a p a n  Opening Remarks at the 2019 BOJ-IMES Conference Hosted by the Institute for Monetary and Economic Studies, Bank of Japan  Haruhiko Kuroda Governor of the Bank of Japan  I. Introduction Good morning.