Announcements

Home > Announcements > Releases 2005 > Amendment to "Guidelines on Eligible Collateral"

Amendment to "Guidelines on Eligible Collateral"

June 15, 2005
Bank of Japan

At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided to include in the range of eligible collateral "bonds whose principal balance may decrease due to prepayments before the final maturity date," such as pass-through bonds, issued more than 5 years ago.

See Attachment for the amended "Guidelines on Eligible Collateral."


Attachment

Amendment to "Guidelines on Eligible Collateral"

  • Table 1 shall be amended as follows.

Table 1

Categories of Collateral and Collateral Prices

  • Table 2 shall be amended as follows.

Table 2

Eligibility Standards for Each Category of Collateral

(Supplementary Provision)

These amendments shall become effective on a day designated by the Governor, which shall be no later than June 30, 2005.