Sources of Changes in Current Account Balances at the Bank of Japan and Market Operations1 for Sep. 24 (Tue)

Bank of Japan
Financial Markets Department


Three tables are released every business day: "Projections" for the following business day, "Provisional results" for the business day concerned and "Final results" for the previous business day. Update times of the data are available here.

(100 million yen)
  Projections
(excludes
same-day-start
operations)		 Provisional
results		 Final
results
Banknotes
(Minus: net issuance)		 300 300 300
Treasury funds and others
(Minus: net receipt of funds)		 -3,300 -9,700 -9,700
Surplus/Shortage of funds
(Minus: shortage)		 -3,000 -9,400 -9,400

BOJ Loans and Market Operations

Outright purchases of JGBs 5,600 5,600 5,600
Outright purchases of T-Bills
Outright sales of T-Bills
Purchases of JGSs under repurchase agreements
Sales of JGSs under repurchase agreements
Funds-supplying operations against pooled collateral (at Head office)
Funds-supplying operations against pooled collateral (at All offices) 3,100 3,100 3,100
-500 -500 -500
Purchases of CP under repurchase agreements
Outright sales of bills drawn by BOJ
Outright purchases of CP -600 -600 -600
Outright purchases of Corporate Bonds 1,300 1,300 1,300
Outright purchases of ETFs 800 800 800
Outright purchases of J-REITs
Funds-supplying operation to support financial institutions in disaster areas,etc6
Loans2
Securities lending as a secondary source of JGSs 500 500 500
-500 -500
Securities lending to provide JGSs as collateral for the U.S. dollar funds-supplying operations
Subtotal (excluding the Loan Support Program) +10,200 +9,700 +9,700
Fund-provisioning measure to support strengthening the foundations for economic growth
Fund-provisioning measure to stimulate bank lending
Subtotal (Loan Support Program) +0 +0 +0
Total +10,200 +9,700 +9,700
Net change in current account balances5 +7,200 +300 +300
Current account balances3,5
(amount outstanding)		 4,102,800 4,095,900
Reserve balances held by institutions subject to reserve requirements 3,579,900 3,579,900
Held by institutions that have satisfied reserve requirements for the current period 3,578,700 3,578,700
Excess reserves 3,578,700 3,578,700
Current account balances held by institutions NOT subject to reserve requirements 516,000 516,000
Monetary base 5,215,200

Required reserves for the current maintenance period
(Sep.16-Oct.15, cumulative total)4		 3,081,200
Required reserves for the current maintenance period
(Sep.16-Oct.15, daily average)4		 102,700
Remaining required reserves on and after Sep.25 (cumulative total) 14,400
Remaining required reserves on and after Sep.25 (daily average) 700

Notes:

  1. Figures are rounded off to 10 billion yen.
  2. "Loans" in this chart means the loans under Complementary Lending Facility.
  3. The total current account balances held with the BOJ by financial institutions.Reserve balances are included in this.
  4. The figure for required reserves is usually revised twice: on the last business day of the month and on the 7th of the following month (or the preceding business day when the 7th falls on a bank holiday).
  5. Projections of market operations are the amounts offered prior to the compilation of this report.Projections of net change in current account balances are made without considering the execution of loans under Complementary Lending Facility on the same day.
  6. These figures are the sum of "Funds-supplying operation to support financial institutions in disaster areas" and "Funds-supplying operation to support financial institutions in disaster areas of the 2016 Kumamoto Earthquake."
  7. Inquiries: Market Operations Division,Financial Markets Department +81-3-3277-1362