Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

Bank of Japan : Sources of Changes in Current Account Balances and Market Operations (Jan.)

02/01/2013 | 01:58am US/Eastern

February 1, 2013
Financial Markets Department

100 million yen
­ Figures Previous year
Banknotes1 40,133 38,086
Treasury funds and others2 -118,661 -140,538
­ Net fiscal payments -12,335 -7,274
JGBs(over one year) -86,013 -85,899
­ Issued -107,144 -116,602
Redeemed 21,131 30,703
Treasury discount bills -18,968 -43,930
­ Issued -314,500 -324,986
Redeemed 295,532 281,056
Foreign exchange -4,844 -2,047
Others 3,499 -1,388
Surplus/shortage of funds3 -78,528 -102,452
BOJ Loans and Market Operations
­ BOJ Loans and Market Operations
(excluding the Loan Support Program and the Asset Purchase Program)
15,077 --
­ Outright purchases of JGBs4 15,139 18,004
Outright purchases of T-Bills 0 0
Outright sales of T-Bills 0 0
Purchases of JGSs under repurchase agreements 0 0
Sales of JGSs under repurchase agreements 0 0
Funds-supplying operations against pooled
collateral (at Head Office)
0 8,007
­ of which: fixed-rate method5 -- --
Funds-supplying operations against pooled
collateral (at All Offices)
0 -3,574
­ of which: fixed-rate method5 -- --
Purchases of CP under repurchase agreements 0 0
Outright sales of bills drawn by BOJ 0 0
Funds-supplying operation to support financial institutions
in disaster areas
-65 65
Loans6 0 -11
Securities lending as a secondary source of JGSs 3 0
BOJ Loans and Market Operations (Loan Support Program) 0 --
­
Fund-provisioning measure to support strengthening the
foundations for economic growth7
0 0
BOJ Loans and Market Operations (Asset Purchase Program) 28,378 13,237
­
Outright purchases of JGBs 19,135 6,066
Outright purchases of T-Bills 45,019 323
Outright purchases of CP -308 -2,865
Outright purchases of Corporate Bonds 579 1,516
Outright purchases of ETFs 227 188
Outright purchases of J-REITs 17 15
Funds-supplying operations against pooled collateral -36,291 7,994
Subtotal 43,455 35,728
Net change in current account balances -35,073 -66,724
­
Net change in reserve balances -37,312 -57,848
Notes: 1. Negative figures represent a net increase in banknotes in circulation.
2. Negative figures represent a net receipt of treasury funds and others.
3. Negative figures represent a shortage of funds in money markets.
4. For the amount outstanding of outright purchases of JGBs, see the "Monetary Base and the Bank of Japan's Transactions" (which will be published on February 7).
5. Beginning with the data for October 2010, figures are included in "Funds-supplying operations against pooled collateral," the subitem of "Asset Purchase Program."
6. "Loans" in this chart means the loans under Complementary Lending Facility.
7. "Fund-provisioning measure to support strengthening the foundations for economic growth" in this chart means the total amount of loans disbursed pursuant to the main rules, the special rules for equity investments and asset-based lending, and the special rules for small-lot investments and loans.
8. The amount outstanding of outright purchases and sales is the accumulated amount minus the amount redeemed at maturity or disposed of.
9. Redeeming amount during January of JGBs purchased by the Bank as a result of outright purchases conducted through the Asset Purchase Program is 103.4 billion yen (estimated to be approximately 150 billion yen for February).
10. Redeeming amount during January of T-Bills purchased by the Bank as a result of outright purchases conducted through the Asset Purchase Program is 2,405.8 billion yen (estimated to be approximately 4,320 billion yen for February).
11. Amount outstanding of U.S. dollar-denominated loans based on "Principal Terms and Conditions for U.S. Dollar Funds-Supplying Operations against Pooled Collateral."
12. Amount outstanding of U.S. dollar-denominated loans based on "Special Rules for the U.S. Dollar Lending Arrangement to Enhance the Fund-Provisioning Measure to Support Strengthening the Foundations for Economic Growth."
Banknotes Outstanding Percent changes from previous year
­ July 2012 Aug. Sep. Oct. Nov. Dec. Jan. 2013

End of period

2.2

2.4

2.6

2.5

2.9

3.2

3.1

Average

2.3

2.4

2.3

2.6

2.7

2.8

3.2
Inquiries

Tel : +81-3-3277-1362
Tel : +81-3-3279-1111 (Ext. 2830)

distributed by
React to this article
Latest news
Date Title
<1m ago CME : Announces the Launch of New Iron Ore Futures Contract
4m ago CONTAINER TERMINAL SERVICE : Three more Thais join LPGT title chase
7m ago Clean TeQ Agrees to Acquire Syerston Project from Ivanhoe Mines Group
7m ago CLEAN TEQ (ASX : CLQ) Agrees to Acquire Syerston Project from Ivanhoe Mines Group (TSX:IVN)
12m agoDJSUBSCRIBERS : Japan Market Items Not Available Due to Holiday
34m ago Asia cheered by China, European stimulus
34m ago AUDI : storms LA show with Prologue
46m agoDJSamsung Considering Shake-Up in Management
51m ago Will EURCHF Floor Break? November 30 Referendum in Focus
52m ago UCP MONTHLY SHAREHOLDERS NEWSLETTER : November 2014
Latest news
Advertisement
Hot News 
SNOOZEBOX : Providing Temporary Hotel For Premier Oil
FAIRFX : Taps John Pearson To Replace Co-Founder As Chairman (ALLISS)
MOL GLOBAL : ATTENTION MOL GLOBAL SHAREHOLDERS: Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of MOL Global, Inc.
S&P 500 MOVERS : Gme, rost
FULLER SMITH & TURNER : Pub operator Fuller's first-half profit rises 8 pct
Most Read News
1h ago JACOBS ENGINEERING : Announces Retirement of President and CEO at Year-End
55m ago VOLVO : Being itself by being different gives Volvo Scandinavian edge
55m ago VOLKSWAGEN : moves forward with dynamic young image
55m ago PEARSON : chief promises a big push into China's education sector
53m ago HUAWEI TECHNOLOGY : 'ICT, foundation of a better connected smart grid'
Most recommended articles
11m agoDJSUBSCRIBERS : Japan Market Items Not Available Due to Holiday
33m ago Asia cheered by China, European stimulus
45m agoDJSamsung Considering Shake-Up in Management
51m ago Will EURCHF Floor Break? November 30 Referendum in Focus
1h agoDJBHP Outlines Plan to Cut Costs, Reshuffles Management
Dynamic quotes  
ON
| OFF