The amount outstanding of bank lending,  7  as well as of CP and corporate bonds, has been increasing firmly. These developments suggest that the current highly accommodative financial conditions, brought about by yield curve control, have been strongly supporting Japan's economic activity from the financial side.
I would also like to give credit to the team of university professors and researchers representing the four aforementioned universities who will walk us through the various topics covered in this conference. In fact, one of them happens to be a BSPer – Ms. Thea Josefina Natalia Santos.