Bank of Japan : Review of the Benchmark Ratio Used to Calculate the Macro Add-on Balance in Current Account Balances at the Bank of Japan

The Bank of Japan decided to review the Benchmark Ratio (Note 1) used to calculate the Macro Add-on Balance in financial institutions’ current account balances at the Bank, to which a zero interest rate is applied, as follows. Note 1: The Benchmark Ratio …
( read original story …)