boj minutes, 2005-06-15
With regard to "bonds whose principal balance may decrease due to prepayments before the final maturity date," such as pass-through bonds, the staff proposed that the Bank amend Guidelines on Eligible Collateral, with the revision of the method for the calculation of collateral prices, to include in the range of eligible collateral those issued more than five years ago, whose amount was expected to increase.
Sentiment: neutral
Topic: mp_interest_rate