付ふ利り

noun

interest on excess reserves; IOER

A financial term referring to the interest paid by a central bank on the excess reserves held by commercial banks. Often used in monetary policy contexts.

• 中ちゅう央おう銀ぎん行こうは付ふ利りを引ひき上あげることで、金きん融ゆう機き関かんの資し金きん需じゅ要ようを調ちょう整せいする。

  The central bank adjusts financial institutions' demand for funds by raising the interest on excess reserves.