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Could let BOJ make 2% inflation target less binding: Kiuchi The Bank of Japan will likely find it easier to make its inflation target less binding if recent scandals throw Prime Minister Shinzo Abe from power, according to Takahide Kiuchi, a former board member at the central bank. [Extracted from the article]

Loan balances at Mitsubishi UFJ Financial Group Inc. and its four so-called city bank peers fell by 0.1 percent from a year earlier to 190.5 trillion yen ($1.75 trillion) as of March 31, the first decline in six years, data from the Japanese Bankers Association show. Banks make an average of a 24 basis-point margin between the interest they pay on deposits and receive on loans, according to the Japanese Bankers Association. [Extracted from the article]

BOJ's move to control yield curve "is very logical:" Fidelity "Stopping the yen from strengthening is something that needs to be achieved on a medium- to long-term basis and that was impossible with the BOJ's purchasing program, so the BOJ has committed to a yield objective, increasing sustainability. [Extracted from the article]

Those downsides could be tolerable for BOJ Governor Haruhiko Kuroda as he looks for new steps to get more money flowing in an economy that has only grown half of the time since he launched his stimulus in April 2013. Attribution Tesun Oh: by reporter Sandy Hendry: editor Yusuke Miyazawa: editor responsible Ken McCallum: editor Andrew Monahan: editor responsible. [Extracted from the article]

Acquisition premiums surge to highest since financial crisis The average gap between a company's purchase price and its market value is at 24.8 percent for deals between Japanese firms, the highest since the global financial crisis in 2009, Bloomberg-compiled data show. A Development Bank of Japan-led fund's takeover of Kinugawa Rubber Industrial Co. at a premium of 44 percent is one of 4.4 trillion yen in M&A deals between Japanese companies in the first half, the highest level since 2006, according to Bloomberg-compiled data. [Extracted from the article]

Mexico issues its lowest-priced Samurai bonds on record Indonesia is marketing three-year and five-year Samurai notes scheduled to sell next week, while French lender BPCE SA is set to price a yen deal on Friday including five-year notes paying a coupon of 0.15 percent. [Extracted from the article]

Ruling party's Yamamoto calls for debt sales for quake relief The apparent lack of bond traders' concern about a likely increase in debt issuance highlights how skewed the market has become as the BOJ snaps up securities. [Extracted from the article]