One cannot become a true professional in any area unless he/ she remains committed to the core principles of the profession even under the most adverse circumstances. 8. Thou shalt be analytical Banking business, essentially, involves managing risk. This job of managing risk cannot be done efficiently without having sharp analytical capability.
Flexibility in liquidity-draining operations such as bill-selling operations also makes it possible to provide large quantities of funds without worrying too much about excess reserves being left in the system. Second, the Bank of Japan executes market operations with a broad range of counterparties, banks, securities houses, and money market broker-dealers. Third, our collateral regime is efficient and user-friendly.