Amendment to "Principal Terms and Conditions of Complementary Deposit Facility"

The Bank of Japan on June 16 posted an amendment to the "Principal Terms and Conditions of Complementary Deposit Facility," filed among its monetary policy decision releases for that date. Per the document, the Policy Board decided the amendment at the Monetary Policy Meeting held June 15 and 16, 2026, in accordance with the change in the guideline for money market operations.

The amendment rewrites Paragraph 4 of the terms, which sets the interest rate applied under the facility. Per the attachment, the rate moves from 0.75 percent to 1.0 percent per annum. The complementary deposit facility is the mechanism through which the BoJ remunerates balances that financial institutions hold at the Bank, making its rate a key operational lever for the policy stance.

Per a supplementary provision in the document, the amendment becomes effective June 17, 2026. The release itself carries no further commentary; the underlying policy decision sits in the guideline for money market operations published among the same day's releases.