TITLE: Bank of Japan Relaxes Securities Lending Facility Terms for Ten-Year Japanese Government Bonds BODY: On February 27, 2026, the Bank of Japan's Financial Markets Department announced changes to the terms and conditions of its Securities Lending Facility (SLF) for cheapest-to-deliver (CTD) issues. Effective March 2, 2026, the Bank of Japan will apply regular conditions to new transactions for 10-year Japanese Government Bonds (JGBs) #370. This issue had been subject to relaxed conditions since December 1, 2025, under which the upper limit for consecutive-day purchases was increased to a maximum of 75 business days. Under regular conditions, this limit will revert to a maximum of 50 business days, in principle. The relaxed conditions were implemented to ensure stability in the Japanese government securities repo market by easing excessive tightening in supply and demand. The Bank of Japan noted that the amount outstanding in the market for each issue applicable to relaxed conditions has reached the upper limit on reduction of 1.5 trillion yen, as outlined in the Bank's June 17, 2025 announcement regarding reduction in repurchase amounts under the SLF. Additionally, since January 2026, 10-year JGBs #362 has been removed from the list of issues applicable to relaxed conditions. Going forward, the Bank of Japan will apply regular conditions to CTD issues and will continue to closely monitor the situation of sales, purchases, and lending of CTD issues in the JGB cash and repo markets. For further information, market participants may contact the Market Operations Division, Financial Markets Department at post.fmd26@boj.or.jp.

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Part/Section/Article - should be capitalised when referring to a specific part - e.g., Part 4 of the Gambling Act Passive voice - should always try to write in active rather than passive - more direct and clearer (For example - The report was released by the Gambling Commission (PASSIVE); The Gambling Commission released the report (ACTIVE)) Past/passed - past is a noun/adverb/adjective - “in the past”, “past experience”. - passed is the past tense of “to pass” - “the law was passed in government”. Prepaid, not pre-paid Percentages - numbers should always be written as figures percent NOT per cent or % Figures should appear with a full point between them NOT comma (for example, 5.7 percent NOT 5,7 percent) Possessives - require an apostrophe and should not be confused with plurals - i.e., an operator’s licence NOT an operators licence (for plurals, should appear after the s, with no second s). Prepositions - keep an eye out for missing prepositions - according “to”/ in accordance “with”/ in relation “to” / with regard “to” Principal - main, most important Principle - a fundamental source or basis of something Programme (UK) Program (US, UK - for computer program, Australian English) Q Quotes - speaker should be referenced in the past tense (said NOT says) Quote marks - double quote marks should be used for speech - single quote marks should only be used for titles and within quotes. (See Quote reference sheet for more information on how to use quotes.) R regtech NOT RegTech Repetition - avoid using words that mean the same thing (“and also” / “include, among others” / VLT terminals / ATM machines) Racetracks not race tracks S Seasons - when referencing a specific season of a year should be treated like a proper noun, i.e. should include a capital - Winter 2018. Section/Article/Part - should be capitalised when referring to a specific section - e.g., Section 4 of the Gambling Act. Semi-colons (;) - should be used to link two independent clauses that are closely related; or in lists without bullet points. (Do not overuse - often a full stop and new sentence will be better.) Sports betting NOT sportsbetting Sports team names Storey (pl. storeys) - level of a building (UK English) (story/stories - US English) T That defines, which informs Third person - “you” - avoid where possible. Titles - all important words should begin with a capital (i.e. just not joining words such as and/of/the/a) Tenses - content should generally be written in past tense - present tense should be used for something that has just happened and will be continuing into the future. U United States abbreviated to U.S. (Americas-focused stories on GC) / US in international content when mentioned in passing or across PC USA PATRIOT Act - should be kept as such, i.e. with caps, as it’s an acronym for “Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act”) U.S. Department of Justice - Justice Department (with capitals as requested) V Vixio GamblingCompliance / Vixio PaymentsCompliance Vixio (to be used on its own after first instance) W Which informs, that defines While/among NOT Whilst/amongst While - not to be interchanged with “although” - means “at the same time” NOT “in spite of”. X Y Year quarters - Q1, Q2, H1, H2, etc. Z Acronyms AML/CTF - anti-money laundering and counter-terrorism financing - NOT AML/CFT API - application programming interface DLT - distributed ledger technology

Relaxation of the Terms and Conditions for the Securities Lending Facility for the Cheapest-to-Deliver Issues

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