With this measure, the Bank supplies long-term funds – with an initial duration of one year and a maximum duration of four years – at a low interest rate of 0.1 percent to qualifying financial institutions. The measure has already reached the initial total amount of 3 trillion yen and has been playing the role of a catalyst.
In addition, in June 2011 the Bank decided to introduce a new line of credit of 500 billion yen. Through this, the Bank provides long-term funds, with an initial duration of two years and a maximum duration of four years, at a low interest rate of 0.1 percent to financial institutions that undertake equity investments and asset-based lending.