Under the enhanced framework, the Policy Board decided to double the maximum amount of its fund-provisioning to each financial institution – formerly set to the net increase in its lending – allowing it to borrow funds from the Bank up to an amount that was twice as much as the net increase in its lending.
Moreover, the duration of loans was extended from the former period of one to three years with a fixed interest rate of 0.1 percent per annum to four years with a fixed rate of 0.1 percent per annum. The amount outstanding of fundprovisioning under the Stimulating Bank Lending Facility is about 5 trillion yen as of end2013.