Friday , May 14 2021
Home / Bank Of Japan / Bank of Japan Accounts (March 31)

Bank of Japan Accounts (March 31)

Summary:
April 7, 2021 Bank of Japan Assets (thousand yen) Gold 441,253,409 Cash3 199,171,685 Japanese government securities 532,165,254,025 Commercial paper4 2,876,498,321 Corporate bonds5 7,498,464,253 Pecuniary trusts (stocks held as trust property)6 566,504,329 Pecuniary trusts (index-linked exchange-traded funds held as trust property)7 35,879,567,019 Pecuniary trusts (Japan real estate investment trusts held as trust property)8 657,491,826 Loans (excluding those to the Deposit Insurance Corporation) 125,840,264,000 Foreign currency assets9 7,351,173,325 Deposits with agents10 18,140,315 Others 736,075,718 Total 714,229,858,229 Liabilities and Net Assets (thousand yen) Banknotes 116,011,687,897 Current deposits

Topics:
Bank of Japan considers the following as important:

This could be interesting, too:

Bank of Japan writes Money Stock (Apr.)

New York Fed writes Who’s Ready to Spend? Constrained Consumption across the Income Distribution

New York Fed writes Racial and Income Gaps in Consumer Spending following COVID-19

Amol Agrawal writes How the TRIPS agreement tripped in the vaccine lane

April 7, 2021 Bank of Japan

Assets (thousand yen)
Gold 441,253,409
Cash3 199,171,685
Japanese government securities 532,165,254,025
Commercial paper4 2,876,498,321
Corporate bonds5 7,498,464,253
Pecuniary trusts (stocks held as trust property)6 566,504,329
Pecuniary trusts (index-linked exchange-traded funds held as trust property)7 35,879,567,019
Pecuniary trusts (Japan real estate investment trusts held as trust property)8 657,491,826
Loans (excluding those to the Deposit Insurance Corporation) 125,840,264,000
Foreign currency assets9 7,351,173,325
Deposits with agents10 18,140,315
Others 736,075,718
Total 714,229,858,229
Liabilities and Net Assets (thousand yen)
Banknotes 116,011,687,897
Current deposits 522,570,301,095
Other deposits11 26,802,415,895
Deposits of the government 36,917,905,068
Payables under repurchase agreements 594,785,230
Others12 1,605,732,629
Provisions 6,410,145,786
Capital 100,000
Legal and special reserves 3,316,784,625
Total 714,229,858,229
The Bank's total assets outstanding at the end of March 2021 is 714.2 trillion yen, with an approximate increase of 109.7 trillion yen from the corresponding balance of 604.4 trillion yen at the end of March 2020 (the rate of increase is 18.2%). Main reasons for year-on-year changes in major items: Table: Main reasons for year-on-year changes in major items
Assets Year-on-Year Differences (Rate of Changes)
Japanese government securities +46.2 trillion yen (+9.5%) Reflecting the Bank's outright purchases of JGBs and treasury discount bills.
Loans (excluding those to the Deposit Insurance Corporation) +71.5 trillion yen (+131.6%) Reflecting the Special Funds-Supplying Operations to Facilitate Financing in Response to the Novel Coronavirus.
Foreign currency assets -18.6 trillion yen (-71.7%) Reflecting the decrease in the Bank's U.S. dollar funds-supplying operations agaist pooled collateral.
Table: Main reasons for year-on-year changes in major items
Liabilities Year-on-Year Differences (Rate of Changes)
Current deposits +127.3 trillion yen (+32.2%) Reflecting the funds provision through the Special Funds-Supplying Operations to Facilitate Financing in Response to the Novel Coronavirus and the Bank's outright purchases of JGBs.
Other deposits -25.0 trillion yen (-48.3%) Reflecting the decrease in the Bank's U.S. dollar funds-supplying operations agaist pooled collateral.
Deposits of the government +24.3 trillion yen (+192.2%) Reflecting the management of treasury funds.
Payables under repurchase agreements -23.5 trillion yen (-97.5%) Reflecting the decrease in the Bank's securities lending to provide JGSs as collateral for the U.S. dollar funds-supplying operations.
3Coins reserved for circulation. 4Comprises the following types, in dematerialized or physical form: (1) commercial paper issued by domestic corporations; (2) commercial paper issued by foreign corporations with guarantees (dematerialized only); (3) asset-backed commercial paper; and (4) commercial paper issued by real estate investment corporations. 5Includes bonds issued by real estate investment corporations. 6Stocks purchased from financial institutions through a trust bank. 7Beneficiary interests in index-linked exchange-traded funds purchased through a trust bank. 8Investment equity issued by real estate investment corporations purchased through a trust bank. 9Foreign currency deposits held at foreign central banks and the Bank for International Settlements, securities issued by foreign governments, foreign currency mutual funds, and foreign currency loans, such as (1) loans by U.S. dollar funds-supplying operations against pooled collateral and (2) loans pursuant to the special rules for the U.S. dollar lending arrangement to enhance the fund-provisioning measure to support strengthening the foundations for economic growth conducted through the loan support program. 10Deposits held at agents that conduct operations relating to treasury funds and Japanese government securities on behalf of the Bank of Japan. These deposits are reserved for such operations. 11Deposits held by foreign central banks and others. 12Includes miscellaneous liabilities and current income (net accumulated profits). For reports at the beginning of the fiscal year, net income for the previous fiscal year is also included prior to its appropriation. 13End-of-term figures as of March 31 and September 30 are preliminary, and the final figures are released in May and November in the Bank's financial statements.

(Annex Table 1)

Breakdown of Japanese government securities (thousand yen)
Japanese government bonds 495,777,022,872
Treasury discount bills 36,388,231,152

(Annex Table 2)

Loan Support ProgramThe table below represents the loan amounts outstanding under the Bank's Loan Support Program. (thousand yen)
Fund-Provisioning Measure to Support Strengthening the Foundations for Economic Growth* 8,059,171,890
Fund-Provisioning Measure to Stimulate Bank Lending 54,254,300,000
Total 62,313,471,890
The figure for the loans other than those pursuant to the special rules for the U.S. dollar lending arrangement is included in "Loans" as Assets, and that for the loans pursuant to the special rules for the U.S. dollar lending arrangement is included in "Foreign currency assets" as Assets.

(Annex Table 3)

Annex Table 3 (thousand yen)
Loans by Funds-Supplying Operations against Pooled Collateral (including funds provided under the fixed-rate method), Funds-Supplying Operation to Support Financial Institutions in Disaster Areas, Funds-Supplying Operation to Support Financial Institutions in Disaster Areas of the 2016 Kumamoto Earthquake and Special Funds-Supplying Operations to Facilitate Financing in Response to the Novel Coronavirus 65,843,900,000
Bank of Japan
The Bank of Japan (BOJ) also known as Nippon Ginko, is the central bank of Japan. The Bank is often called Nichigin for short. It has its headquarters in Chuo, Tokyo.

Leave a Reply

Your email address will not be published. Required fields are marked *