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To: Terry Rose who wrote (3542)11/24/1997 11:11:00 PM
From: goldsnow  Read Replies (1) | Respond to of 116856
 
Sorry Terry, here it is

To: +goldsnow (494 )
From: +SKIP PAUL Monday, Nov 24 1997 10:32PM EST
Reply #496 of 497
Exactly what was needed. Hope it helps.

BOJ says made special loans to Yamaichi Securities

TOKYO, Nov 25 (Reuters) - The Bank of Japan (BOJ) made
special loans to failed brokerage Yamaichi Securities Co Ltd
on Tuesday, a central bank spokesman said.
The official declined to comment on the amount of the loans.
He added that the loans were made under Article 25 of the
BOJ Law, which empowers the central bank to extend unlimited
amounts of unsecured loans to financial institutions whose
insolvency is deemed a threat to the stability of the nation's
financial system.
- Tokyo Treasury Desk (813) 3432-1396
email: tokyo.newsroomreuters.com