In a bid, Japan`s central bank pumped-up 400 billion yen into money markets to control an advancement in short-term interest rates accompanying immense withdrawals in the last two days.

This is the bank’s third activity in the last 7 days amongst international concerns about US mortgages crisis.

Australian, Japanese, US and European central banks have inserted funds into securities industry since Thursday last week as stocks dangled on worries over US subprime mortgage tribulations.