Bank of Japan publishes balance sheet showing JPY 663.3 trillion in total assets and JPY 531.9 trillion in Japanese government securities

The Bank of Japan has published its latest statement of assets, liabilities and net assets, reporting total assets of JPY 663.3 trillion. Japanese government securities remained the dominant asset category at JPY 531.9 trillion, while the liability side was led by current deposits of JPY 469.4 trillion and banknotes of JPY 116.8 trillion. Other asset holdings included loans excluding those to the Deposit Insurance Corporation of JPY 77.7 trillion, index-linked exchange-traded funds held as trust property of JPY 37.1 trillion, foreign currency assets of JPY 11.7 trillion, corporate bonds of JPY 2.0 trillion, and Japan real estate investment trusts held as trust property of JPY 653.3 billion. On the liabilities and net assets side, the statement showed other deposits of JPY 46.5 trillion, payables under repurchase agreements of JPY 12.1 trillion, government deposits of JPY 2.1 trillion, provisions of JPY 10.6 trillion, and legal and special reserves of JPY 3.8 trillion. Annex data showed that the Japanese government securities portfolio consisted entirely of Japanese government bonds, with no treasury discount bills, and that outstanding amounts under the Loan Support Program totaled JPY 49.1 trillion, including JPY 48.5 trillion under the Fund-Provisioning Measure to Stimulate Bank Lending and JPY 598.6 billion under the measure to support strengthening the foundations for economic growth. Separate funds-supplying operations against pooled collateral, including disaster-area and climate-response operations, totaled JPY 28.9 trillion.