Uncollateralized overnight call rate bank of japan
encourage the uncollateralized overnight call rate to move as low as possible. In. April 1999, the BOJ promised to maintain a zero interest rate “until deflationary. 24 Jul 2019 The Bank of Japan will encourage the uncollateralized overnight call rate to remain at effectively zero percent…. The outstanding balance of Japan (BoJ), the Reserve Bank of New Zealand (RBNZ), the Swedish 2001 when it abandoned its use of the uncollateralized overnight call rate, which has