TOKYO (AFX-ASIA) - Bank of Japan policy board members are considering a possible easing of measures at their Thursday meeting, which may be done through increased outright purchases of government bonds, the Nihon Keizai Shimbun reported, without citing sources. Among the options under consideration, the central bank is studying a possible increase in the amount of outright bond purchases to around 1 trln yen a month, from the current 800 bln yen a month, the paper said. The BoJ is also studying a reduction in the official discount rate of 0.1 pct, or expanding the length of time financial institutions can borrow from the Lombard-style lending facility, it said. In addition, the BoJ is looking at relaxing standards for commercial paper and corporate bonds used as collateral at the BoJ's fund-providing operations, it said.