Japan’s Banks Turn Noses Up at Idea of BOJ Paying Them to Borrow

  • Executives say negative-rate financing won’t spur loan demand
  • Plan would face ‘rejection’ from lenders: Mizuho Securities

Japan’s major lenders wouldn’t want the central bank to pay them to borrow even if policy makers seeking to kill off deflation made such an offer, according to people familiar with the matter.

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