Partial Revision of Supplementary Deposit System Guidelines
Overview
The Bank of Japan decided at the Policy Board and Monetary Policy Meeting held on September 17 and 18, 2026, to partially revise the Supplementary Deposit System Basic Guidelines (decided January 29, 2016), as shown in the attached document, in connection with changes to its guidelines for money market operations. The revision will take effect on September 24, 2026. The subject is “4. Applicable Interest Rate.”
Key points
- In connection with changes to its guidelines for money market operations, the Bank of Japan will partially revise the Supplementary Deposit System Basic Guidelines.
- The subject of the revision is “4. Applicable Interest Rate” in the Supplementary Deposit System Basic Guidelines.
- The partial revision will take effect on September 24, 2026.
Overview
On September 18, 2026, the Bank of Japan announced that, based on the decision made at the Policy Board and Monetary Policy Meeting held on September 17 and 18, 2026, it would partially revise the Supplementary Deposit System Basic Guidelines (decided January 29, 2016), as shown in the attached document. The revision is associated with changes to the guidelines for money market operations and revises provisions concerning “4. Applicable Interest Rate” in the Basic Guidelines. The document is presented to communicate the details of the decision.
Details
The attached document, “Partial Revision of the Supplementary Deposit System Basic Guidelines,” states that “4. Applicable Interest Rate” will be revised as indicated by the horizontal line. It then presents the item “4. Applicable Interest Rate” and the entry “annual 1.01.25%.” The original text includes this entry concerning the applicable interest rate.
The supplementary provisions stipulate that this partial revision will take effect on September 24, 2026. The document lists Ota and Nakamura of the Bank of Japan's Planning Department and the telephone number 03-3277-2877 as contacts for inquiries regarding this matter.