Exchange Meeting Announcement
The Bank of Japan Financial Markets Department announced on September 4 that it will hold a "Market Operations Exchange Meeting" at 17:30 on October 16, 2025, at the Bank of Japan headquarters.
Participant Composition
Private Participants: Senior executives and operational managers from market departments of financial institutions designated as counterparties for operations with the Bank of Japan headquarters as selling/lending dealer.
Bank of Japan Participants:
- Director-General of Financial Markets Department
- General Affairs Division Director
- Market Operations Division Director
- Market Planning Division Director
Discussion Topics (Scheduled)
①Recent Financial Market Developments and Market Operations Management: Exchange of views on the current financial market environment and the Bank of Japan's market operation management status.
②Liquidity and Functionality of Government Bond Market: Discussion on the current assessment of transaction smoothness and market functionality in the government bond market.
③Trends in Japan's Short-Term Financial Markets: Analysis and discussion of recent short-term financial market trends based on results from the "Tokyo Short-Term Financial Market Survey (August 2025)."
Practical Arrangements
Detailed guidance for operation counterparties is posted on "Financial Market Online," and participating financial institutions can check specific participation procedures through this system.
Significance in Monetary Policy Management
This exchange meeting is positioned as an important information gathering and opinion exchange forum where the Bank of Japan directly dialogues with financial market participants to understand market realities and utilize them for effective market operation policy implementation. Particularly in the current monetary policy normalization process, close communication with market participants contributes to improving transparency and effectiveness of policy management.
Contact Information
Bank of Japan Financial Markets Department Market Operations Division (Ito: 03-3277-1234, Kawamura: 03-3277-1284) serves as the inquiry contact.