Complementary Deposit Facility
A means by which the Bank pays interest on excess reserve balances (balances held at the account with the Bank in excess of required reserves under the reserve deposit requirement system). The interest rate applied is the targeted uncollateralized overnight call rate decided at the Monetary Policy Meeting less a spread that is determined by the Bank.
Introduction or Modification of Schemes of Operations
Dec. 20, 2012||Establishment of "Principal Terms and Conditions for the Loan Support Program"
Oct. 5, 2010||Establishment of "Temporary Rules regarding Funds-Supplying Operation against Pooled Collateral"
Oct. 30, 2009||Amendment to "Temporary Rules regarding Eligibility Standards for Asset-backed Commercial Paper and Dematerialized Asset-backed Commercial Paper"
Oct. 30, 2009||Statement on Monetary Policy (Policy unchanged, Announced at 1:05 p.m.)
Jul. 15, 2009||Amendments to Principal Terms and Conditions for Money Market Operations
Jul. 15, 2009||Statement on Monetary Policy (Policy unchanged, Announced at 1:35 p.m.)
Feb. 19, 2009||Amendments to Principal Terms and Conditions for Money Market Operations
Feb. 19, 2009||Statement on Monetary Policy (Policy unchanged, Announced at 1:52 p.m.)
Dec. 19, 2008||On Monetary Policy Decisions (Announced at 2:05 p.m.) --Additional Measures regarding Money Market Operation Tools
Oct. 31, 2008||Establishment of Principal Terms and Conditions of Complementary Deposit Facility as a Temporary Measure to Facilitate Supplying of Funds
Oct. 31, 2008||On Monetary Policy Decisions (Change in the Guideline for Money Market Operations, Announced at 1:58pm)
Oct. 8, 2008||On the Policy Actions by Major Central Banks