On Oct. 10, JPN CB revised collateral prices and margin ratios.
JPN CB revised eligible collateral prices, margin ratios for the purchase/sale of Japanese government securities with repurchase agreements, based on regular review.
The revisions aim to maintain asset soundness and efficiency in the use of collateral.
Follows JPN CB Oct. 2023 issued plan to revise collateral price, margin ratio, #187405.
Outline of Revisions
Adjusted prices of specific eligible collateral by type/maturity, eligible foreign collateral by maturity, debts of companies and municipal governments by type/maturity.
USD-denominated loans on deeds, beneficial interest of a trust in housing loans.
Revised margin ratios for securities purchased/sold by JPN CB by type/maturity.
Plus, for the sale of Japanese government securities with repurchase agreements to provide the markets with a secondary source of Japanese government securities.
Effectiveness
The revisions will be effective on Nov. 27, 2025.
Regulators
JPN CB
Entity Types
B/D; Bank
Reference
RF 10/10/2025
Functions
Actuarial and Valuation; Compliance; Financial; Risk
