On March 14, 2011, the first business day after the disaster, the Bank increased the amount of the Program, mainly of the purchases of risk assets, by about 5 trillion yen, and thereby prevented any deterioration in business sentiment from adversely affecting economic activity.
In April, the Bank decided to introduce a funds-supplying operation that supplies financial institutions in disaster areas with longer-term funds in order to provide support to their initial response efforts to meet demand for funds for restoration and rebuilding. It also decided to broaden the range of eligible collateral for money market operations.