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Reserve Requirement Ratios

Bank of Japan

Reserve Ratios on Deposits(a)

(%)
Effective date
(86/ 7/ 1)
Effective date
(91/10/16)
Banks, Long-term Credit Banks, Foreign Exchange Bank(f). Sogo Banks(b), Shinkin Banks
(Applicable to Sogo Banks(b) and Shinkin Banks, with outstanding of more than 160 Billion yen at End of Fisical Year)
Classification by Amount of Designated Accounts(c) Time Deposits (Including Certificates of Deposit) More than 2.5 Trillion yen 1.75 1.2
2.5 Trillion yen or Less, but more than 1.2 Trillion yen 1.375 0.9
1.2 Trillion yen or Less, but more than 500 Billion yen 0.125 0.05
500 Billion yen or Less, but more than 50 Billion yen 0.125 0.05
Other Deposits More than 2.5 Trillion yen 2.5 1.3
2.5 Trillion yen or Less, but more than 1.2 Trillion yen 2.5 1.3
1.2 Trillion yen or Less, but more than 500 Billion yen 1.875 0.8
500 Billion yen or Less, but more than 50 Billion yen 0.25 0.1
Norinchukin Bank Time Deposits
(Including Certificates of Deposit)
0.125 0.05
Other Deposits 0.25 0.1

Reserve Ratios on Debentures Outstanding(d)

(%)
Effective date
(81/ 4/ 1)
Effective date
(91/10/16)
Banks, Long-term Credit Banks and Foreign Exchange Bank(g) 0.125 0.1

Reserve Ratios on Principal of Money in Trust (including Loan Trust) Outstanding

(%)
Effective date
(81/ 4/ 1)
Effective date
(91/10/16)
0.125 0.1

Authorized Foreign Exchange Banks(e)

(%)
Effective date
(86/12/ 1)
Effective date
(91/10/16)
Reserve Ratios on Foreign Currency Liabilities against Non-residents
(Special International Transaction Account is excluded)
0.25 0.15
Reserve Ratios on Foreign Currency Deposits of Residents
(Special International Transaction Account is excluded)
Time Deposits 0.375 0.2
Other Deposits 0.5 0.25
Reserve Ratios on Liabilities in Non-resident Yen Accounts
(Special International Transaction Account is excluded)
0.25 0.15
Reserve Ratios on Balances Transferred from Special International Transaction Accounts to other accounts 0.25 0.15

Notes:

(a) Until end of March, 1998, installment savings are included, while foreign currency deposits and non-resident yen deposits held by authorized foreign exchange banks and deposits regarding JOM Account are excluded, but all of the foreign currency deposits, non-resident yen deposits held by JOM Account are excluded after April 1, 1998.
(b) Reserve ratios on deposits of Sogo Banks were abolished on April 1, 1993.
(c) No reserve ratio was set for amounts of 50 billion yen or Less.
(d) Beginning April 1996, icludes debentures that are the parts of debts succeeded by the newly established financial institution by merger from the forerunners of its own. Its institution has to be a designated one stipulated by Law Concerning Reserve Deposit Requirement System.
(e) After April 1, 1998, applied to the all financial institutions designated in Law Concerning Reserve Deposit Requirement System.
(f) Reserve ratios on deposits of Foreign Exchange Bank were abolished on Dec. 1,1998.
(g) "Foreign Exchange Bank" was institutionally abolished after the foreign exchange bank law was repealed on December 1,1998.

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