Error Fears Recede For New Japanese Bond Settlement System RTGS


TOKYO -- Fears eased somewhat in February that the introduction of the real-time gross settlement system (RTGS) into the Japanese government bond market would be plagued by errors and settlement failures.

The Japanese central bank took two steps to assuage the fears of traders -- it is publishing settlement-failure data and is also effectively capping very short-term interest rates to help ensure liquidity.

RTGS was introduced in early January this year because it is deemed to be operationall

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: