US Dollar Funds-Supplying Operations: August–December 2026
Overview
The Bank of Japan’s Financial Markets Department published a schedule for US dollar funds-supplying operations from August through December 2026, showing offer dates, result announcement dates, US Eastern Time start and end dates, operation periods, fixed interest rates, and amounts. Offers will be made at 10:40 a.m. Japan time, applications will close at 11:30 a.m., and notifications and publication of results will take place around 11:45 a.m. Amounts will not be subject to limits within the range of eligible collateral. The next schedule, covering through March 2027, is scheduled for publication at the end of October 2026.
Key points
- The schedule for US dollar funds-supplying operations from August through December 2026 was published.
- Offers will be made at 10:40 a.m. Japan time, applications will close at 11:30 a.m., and notifications and publication of results will take place around 11:45 a.m.
- The interest rate is fixed, and amounts will not be subject to limits within the range of eligible collateral.
- The next schedule, covering through March 2027, is scheduled for publication at the end of October 2026.
Overview
The Bank of Japan’s Financial Markets Department presented the operating schedule for US dollar funds-supplying operations to be conducted from August through December 2026. The document compiles the times for offers, applications, result notifications, and publication of results, along with the operation and repayment schedules for each transaction.
The schedule combines a fixed-rate method with treatment that imposes no amount limits, subject to eligible collateral.
Details
Offer dates and result publication dates are August 4, 12, 18, and 25; September 1, 8, 15, and 29; October 6, 13, 20, and 27; November 4, 9, 17, and 24; and December 1, 8, 15, and 22.
The US Eastern Time start dates run from August 6 through December 22, and the end dates run from August 14 through January 7, 2027. The periods for each operation are, in order, 8 days, 6 days, 7 days, 7 days, 7 days, 7 days, 14 days, 7 days, 7 days, 7 days, 7 days, 8 days, 6 days, 7 days, 8 days, 6 days, 7 days, 7 days, and 14 days.
The interest rate column states that the rate is fixed, while the amount column states “no limit (Note 2).” Note 2 means within the range of eligible collateral. The next schedule, covering through March 2027, is scheduled for publication at the end of October 2026.