The Bank of Japan's Eligible Collateral Framework and Recently Accepted Collateral

Kazuyoshi Ishiga, Yasuhei Okada and Takeshi Kato
Additional contact information
Kazuyoshi Ishiga: Bank of Japan
Yasuhei Okada: Bank of Japan
Takeshi Kato: Bank of Japan

Bank of Japan Review Series from Bank of Japan

Abstract: The Bank of Japan completely revised its eligible collateral framework and related system infrastructure in late 2000 and early 2001. In June 2002, the Bank also began publicly releasing data on the outstanding levels of collateral accepted by the Bank. Eligible collateral is selected, with emphasis on "creditworthiness" and "marketability" in order to ensure the soundness of the Bank's assets. The range of instruments covers government bonds, financing bills, corporate bonds, bills, CP and other financial assets. The amount outstanding of accepted collateral, mainly consisting of government bonds, is presently approximately 65 trillion yen, of which nearly 50% is actually being used for liquidity provision by the Bank.

Date: 2003-02-20
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.boj.or.jp/en/research/wps_rev/mkr/data/kmr03e01.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:boj:bojrev:03-e-1m

Access Statistics for this paper

More papers in Bank of Japan Review Series from Bank of Japan Contact information at EDIRC.
Bibliographic data for series maintained by Bank of Japan ().