February 5, 2004
Bank of Japan

1. Outline

The Bank decided to accept inflation-indexed Japanese government bonds, which will be introduced in March 2004, as eligible collateral to facilitate the Bank's money market operations.

2. Collateral prices

• Collateral prices of inflation-indexed government bonds shall be calculated in the same way as those of STRIPS and government-guaranteed bonds.
  
  

3. Schedule

• This amendment is scheduled to become effective on March 1, 2004.