Amendment to "Principal Terms and Conditions of Complementary Deposit Facility" - Forex Factory

Finally, they increased the positive rate. Yen will get strength
Amendment to "Principal Terms and Conditions of Complementary
Deposit Facility"

 Paragraph 4. shall be amended as follows (full amendment).
4. Interest Rate
The interest rate shall be 0.1 percent per annum.
 Paragraph 5. shall be amended as follows (full amendment).
5. Calculation of Interest
The interest each institution receives for each reserve maintenance
period (as defined in Article 7, Paragraph 3 of the Law) for which interest
is calculated (hereinafter referred to as the "Designated Reserve
Maintenance Period" or "DRMP") shall be the amount obtained by
multiplying aggregated excess reserve balances and the interest rate
stipulated in Paragraph 4. (excluding the case where the aggregated
excess reserve balances are negative). Aggregated excess reserve
balances are the sum of the amount of CABs each day during the DRMP
less the product of the amount of required reserve per day (as defined in
Article 2, Paragraph 2 of the Law) of the institution during the DRMP and
the number of days of this period.

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Amendment to "Principal Terms and Conditions of Complementary Deposit Facility" - Forex Factory
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