A high precision fission product model for boiling water reactor (BWR) lattice calculation was developed, which consists of 45 nuclides to be treated explicitly and one nonsaturating pseudo nuclide. This model is applied to a high conversion BWR lattice calculation code. From a study based on a three-energy-group calculation of fission product poisoning due to full fission products and explicitly treated nuclides, the multigroup capture cross sections and the effective fission yields of the pseudo nuclide are determined, which do not depend on fuel types or reactor operating conditions for a good approximation. Apart from nuclear data uncertainties, the model and the derived pseudo nuclide constants would predict the fission product reactivity within an error of 0.1% Δk at high burnup.