Complementary Lending Facility
日本語
A means by which the Bank extends loans to its counterparties upon request. Loans are limited by the counterparties' amount outstanding of pooled collateral that has been submitted. These loans are basically subject to the basic loan rate and are repayable on the following business day.
Note: The basic rule is that the maximum number of days on which counterparties can use the facility at the basic loan rate is five business days per reserve maintenance period. In principle, counterparties that wish to use the facility beyond this maximum number of days must pay a higher rate of 2 percent plus the basic loan rate. However, the restriction on the maximum number of days has been suspended since March 2003, and the basic loan rate has been applied regardless of the number of days used.
Note: The English translation has been prepared by the Bank's staff based on the Japanese original and is an unofficial translation. The translation is to be used solely as reference material to aid in the understanding of Japanese original.
Introduction or Modification of Schemes of Operations
Table : Introduction or Modification of Schemes of Operations
| Date |
Releases |
| Jan. 31, 2017 |
Amendment to "Principal Terms and Conditions for Funds-Supplying Operations against Pooled Collateral" [PDF 453KB] |
| Aug. 7, 2015 |
Amendment to "Principal Terms and Conditions for Complementary Lending Facility" in Conjunction with the Forthcoming Implementation of the Second Phase of the New BOJ-NET Project [PDF 30KB] |
| Feb. 18, 2014 |
Amendment to "Principal Terms and Conditions for Funds-Supplying Operations against Pooled Collateral" [PDF 108KB] |
| Dec. 19, 2008 |
On Monetary Policy Decisions (Announced at 2:05 p.m.) --Additional Measures regarding Money Market Operation Tools [PDF 86KB] |
| Oct. 31, 2008 |
On Monetary Policy Decisions (Change in the Guideline for Money Market Operations, Announced at 1:58pm) [PDF 99KB] |
| Sept. 19, 2007 |
Amendments to Principal Terms and Conditions for Money Market Operations and the Complementary Lending Facility [PDF 95KB] |
| Feb. 21, 2007 |
Announcement of the Monetary Policy Meeting Decisions (Change in the Guideline for Money Market Operations, Announced at 2:19pm) [PDF 64KB] |
| July 14, 2006 |
Announcement of the Monetary Policy Meeting Decisions (Change in the Guideline for Money Market Operations, Announced at 1:40 pm) [PDF 36KB] |
| Mar. 25, 2003 |
On Today's Monetary Policy Meeting |
| Feb. 28, 2002 |
On Today's Decision at the Monetary Policy Meeting |
| Sept. 18, 2001 |
Change in the Guideline for Money Market Operations and Reduction in the Official Discount Rate |
| June 28, 2001 |
Amendments to "Principal Terms and Conditions for Complementary Lending Facility" |
| June 28, 2001 |
(Reference) Reform of the Complementary Lending Facility |
| Feb. 28, 2001 |
Change in the Guideline of Money Market Operations and Reduction in the Official Discount Rate |
| Feb. 28, 2001 |
Establishment of "Principal Terms and Conditions for Complementary Lending Facility" |
| Feb. 9, 2001 |
Improvements in the Way of Liquidity Provision and Reduction in the Official Discount Rate |
| Feb. 9, 2001 |
(Chart 1) Improvements in the Way of Liquidity Provision and Reduction in the Official Discount Rate |
| Feb. 9, 2001 |
(Chart 2) How the 'Lombard-type' Lending Works |
| Jan. 19, 2001 |
Chairman's Instructions to the Bank's Staff |
