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Sunday, December 17, 2017

Japan press: Japanese pension fund shouldering costs of BOJ's negative rate

From the Nikkei over the weekend - on Japan's Government Pension Investment Fund - The GPIF will pay interest on deposits mandated by the Bank of Japan's negative rate policy (the BOJ negative rate policy ... depositors pay a 0.1% fee on a portion of funds on deposit at the central bank). More here if you're
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