Bank of Japan Head Office

Bank of Japan Statistics

Home > Statistics > Bank of Japan Statistics > Financial Markets > Money Market Operations Conducted by the Bank of Japan > List > 2007 > Bank of Japan Operations in the Money Markets (July 2007)

Bank of Japan Operations in the Money Markets (August 2007)

September 3, 2007
Bank of Japan
Financial Markets Department

Short-term Operations (excluding Outright Purchase and Sale Operations of TBs and FBs)

(100 million yen, percent per annum)

Date of OfferInstrumentDate of ExerciseDate of Resale or Repurchase or Repayment(a)
Amounts Offered		Amounts of Competitive BidAmounts of Successful Bid(b)
Pro-rata, Non-pro-rata Rate / Loan Rate		Average Successful Bid Rate or Loan Rate Allocation on a Pro-rata Basis Rate
2007
8/1
1
1
2
6
7
7
8
10
10
13
13
14
14
15
15
15
16
16
16
16
17
17
17
20
20
20
21
21
21
22
23
23
24
24
24
27
28
29
29
29
30
31
31
31


FSOPC-Head
FSOPC-Head
FSOPC-All
FSOPC-Head
Bills-sales
Bills-sales
FSOPC-Head
FSOPC-All
FSOPC-Head
FSOPC-Head
FSOPC-Head
JGSs-purchases
Bills-sales
Bills-sales
Bills-sales
Bills-sales
FSOPC-Head
FSOPC-Head
JGSs-purchases
FSOPC-Head
FSOPC-All
FSOPC-Head
JGSs-purchases
FSOPC-Head
FSOPC-Head
JGSs-purchases
FSOPC-Head
FSOPC-Head
JGSs-purchases
FSOPC-Head
JGSs-purchases
JGSs-purchases
FSOPC-Head
Bills-sales
FSOPC-Head
FSOPC-All
FSOPC-Head
FSOPC-Head
JGSs-purchases
FSOPC-Head
FSOPC-Head
FSOPC-Head
FSOPC-Head
FSOPC-Head
FSOPC-All


8/1*
8/3
8/3
8/6
8/6*
8/7*
8/9
8/10
8/10*
8/13
8/13*
8/15
8/14*
8/14*
8/15*
8/15*
8/17
8/16*
8/20
8/20
8/20
8/17*
8/21
8/20
8/20*
8/22
8/22
8/21*
8/23
8/23
8/24
8/27
8/27
8/24*
8/27
8/28
8/28
8/29
8/31
8/30
8/31
8/31
8/31*
9/3
9/4


8/2
8/17
10/15
9/19
8/7
8/8
10/24
10/23
8/13
8/23
8/20
8/22
8/15
8/16
8/16
8/16
10/29
8/17
8/28
9/20
10/26
8/20
8/29
8/31
8/21
8/31
9/20
8/22
8/28
9/21
9/20
9/3
11/8
8/27
9/19
11/6
9/20
9/13
9/20
10/4
11/28
9/7
9/3
10/15
11/27


4,000
8,000
8,000
8,000
4,000
5,000
8,000
8,000
10,000
6,000
6,000
8,000
6,000
10,000
15,000
5,000
8,000
4,000
8,000
8,000
8,000
12,000
8,000
8,000
10,000
8,000
6,000
8,000
10,000
6,000
8,000
8,000
8,000
3,000
6,000
8,000
8,000
8,000
8,000
6,000
8,000
6,000
4,000
8,000
8,000


15,942
26,400
33,893
27,962
11,330
13,090
42,054
44,942
28,710
28,328
21,990
22,853
22,800
12,805
18,965
6,704
41,810
17,475
22,569
36,180
34,512
30,590
22,658
32,900
45,323
25,292
31,922
24,782
34,866
29,100
25,699
22,856
31,976
8,600
25,110
32,256
27,970
25,720
22,010
31,538
38,778
25,890
10,291
33,488
34,575


4,001
8,003
8,012
8,004
4,005
5,003
8,004
8,004
9,900
6,003
5,955
8,001
6,001
10,000
15,000
5,003
8,003
4,000
8,002
8,003
8,001
12,001
8,004
8,003
10,002
8,003
6,003
8,000
9,849
6,001
8,001
8,004
8,088
3,150
6,004
8,004
8,000
8,003
8,004
6,005
8,006
6,000
4,002
8,006
8,008


0.520
0.500
0.630
0.540
0.500
0.500
0.650
0.690
0.550*
0.600
0.590*
0.610
0.220
0.520
0.750
0.740
0.710
0.560*
0.600
0.630
0.690
0.550
0.600
0.610
0.640
0.620
0.640
0.600
0.640*
0.620
0.590
0.570
0.670*
0.510*
0.570
0.670
0.570
0.560
0.570
0.640
0.660
0.610
0.550
0.640
0.660


0.529
0.510
0.634
0.550
0.499
0.496
0.652
0.705
0.553
0.609
0.595
0.636
0.183
0.403
0.501
0.687
0.720
0.580
0.623
0.634
0.710
0.570
0.619
0.624
0.640
0.634
0.642
0.617
0.642
0.637
0.604
0.588
0.684
0.498
0.576
0.677
0.574
0.573
0.575
0.650
0.665
0.610
0.583
0.643
0.668


7.2
10.7
28.7
44.2
78.2
87.8
89.9
5.6

50.4

15.0
82.7
49.5
20.7
73.4
91.5

32.7
65.4
64.0
16.8
8.6
7.1
69.0
53.0
73.3
79.0

38.8
76.4
15.3


83.1
79.3
60.0
3.0
89.8
58.5
84.9
96.0
13.2
96.1
39.6

Outright Purchase and Sale Operations of TBs and FBs

(100 million yen, percent per annum)

Date of OfferInstrumentDate of Exercise(a)
Amounts Offered		Amounts of Competitive BidAmounts of Successful Bid(c)
Pro-rata or Non-pro-rata Yield Spread		Average Successful Yield SpreadAllocation on a Pro-rata Basis Rate
2007
8/2
9
16
23
30


Outright purchases
Outright purchases
Outright purchases
Outright purchases
Outright purchases


8/7
8/14
8/21
8/28
9/4


4,000
4,000
4,000
4,000
4,000


14,911
22,651
13,285
16,610
8,845


4,002
4,000
3,993
4,003
4,002


0.014
0.050*
0.008*
0.012
0.006*


0.015
0.054
0.010
0.018
0.009


43.5


21.7

(Memo1)Outright purchase and sale operations of JGBs
The Bank of Japan offered outright purchase operations of JGBs worth 300.0 billion yen on August 3, 300.0 billion yen on August 8, 300.0 billion yen on August 15 and 300.0 billion yen on August 27. The purchases were exercised at 300.3 billion yen on August 8, 300.2 billion yen on August 13, 314.6 billion yen on August 20 and 300.4 billion yen on August 30, respectively.
(Memo2)Securities lending as a secondary source of JGSs
No purchases in August.



NOTES:
1. Bills-sales : Outright Sales of Bills Drawn by BOJ
FSOPC-Head : Funds-Supplying Operations against Pooled Collateral at Head Office
FSOPC-All : Funds-Supplying Operations against Pooled Collateral at All Offices
CP-purchases : Purchases of CP under Repurchase Agreements
JGSs-purchases : Purchases of JGSs under Repurchase Agreements
JGSs-sales : Sales of JGSs under Repurchase Agreements
Outright Purchases : Outright Purchases of TBs/FBs
Outright Sales : Outright Sales of TBs/FBs
2.  * denotes dates when offers and transactions were exercised on the same day.
3. (a) Planned amounts on offer days.
(b) * denotes non-pro-rata rates, loan rates; otherwise the figures denote pro-rata rates, loan rates.
(c) The difference between the yield at which operation counterparts want to sell (purchase) and the corresponding yield determined by the Bank of Japan with the prevailing market yield (the "yield spread") taken into account for auctions. * denotes non-pro-rata yield spreads; otherwise the figures denote pro-rata yield spreads.
4. Date of repurchase for Securities lending as a secondary source of JGSs is as follows,
     those without *: the next business day after the offering date,
     those with *: the fourth business day after the offering date.

page top