Accepting Financing Bills as Collateral Eligible for a Wider Range of Credit Instruments Offered by the Bank

March 25, 1999
Bank of Japan

The Bank today decided at a Monetary Policy Meeting to accept the government's financing bills (FBs) as collateral eligible for a wider range of credit instruments offered by the Bank.

This decision was made in light of the introduction of public tender for FB issuance from April 1999.

The Bank will start accepting FBs as collateral when necessary preparations have been made.