Money Market
- Tokyo Money Market Survey
- Meeting on Market Operations
- Money Market
- Releases relating to the Money Market's Data
- Initiatives related to Interest Rate Benchmark Reform
The Bank is committed to enhancing the market infrastructure in cooperation with market participants in order to improve the functioning and stability of financial markets in Japan.
Information on issues regarding the functioning of financial markets and the Bank of Japan's actions in 2007 is available in the Chapter III of the Financial Markets Report (Developments during the Second Half of 2007). In addition to the reports and releases on this page, the Repo Market Forum, Study Group of Market Participants, and Tokyo Repo Rate are also available.
Tokyo Money Market Survey
Basic Information
- Compilation section:
- Market Infrastructure Division, Financial Markets Department
- Respondents:
- Eligible institutions for the Bank of Japan's money market operations as well as other major participants in the money market (voluntary basis)
- Frequency of compilation:
- Annually (survey will be conducted in July and August)
- Survey items:
- The items include amount outstanding in the money market and perceptions of market participants on the functioning of the money market
- Timing of release:
- The results will be released in October
- Method of release:
- The Bank of Japan's web site
Releases
Meeting on Market Operations
Money Market
| Date | Title |
|---|---|
| Apr. 21, 2011 | Review for Further Establishing Japan's Fails Practice -- Revisions in Market Practice Based on the Final Report of JSDA's Working Group on Fails -- |
| July 27, 2007 | Survey on Yen-OIS Market in May 2007 |
| Mar. 23, 2007 | Arbitrage Activities between Offshore and Domestic Yen Money Markets since the End of the Quantitative Easing Policy |
Releases relating to the Money Market's Data
| Date | Title |
|---|---|
| Oct. 1, 2009 | Discontinuation of the Updating of "Average Yields on Newly Issued Domestic Commercial Paper" |
| Jan. 26, 2009 | Statistics on "Average Yields on Newly Issued Domestic Commercial Paper": Succession and Joint Efforts to Enhance the Statistics with Japan Securities Depository Center |
| Aug. 16, 2007 | Release of the Time-Series Data of "BOJ Current Account Balances by Sector" |
| Aug. 7, 2007 | Release of the Time-Series Data of "Amounts Outstanding in the Uncollateralized Call Money Market by Term" |
| June 14, 2007 | Release of Data on BOJ Current Account Balances by Sector |
| Apr. 9, 2007 | Enhancing the publicly released projection of "Reserve Balances" |
Initiatives related to Interest Rate Benchmark Reform
Network of Practitioners on Interest Rate Benchmarks (From January 2024)
The Network of Practitioners on Interest Rate Benchmarks was established in January 2024 in order to continue sharing information on the use of interest rate benchmarks.
- List of Participants (as of 19th January 2024) [PDF 221KB]
- (Reference: Background of Establishment) Sixth Meeting of the Cross-Industry Forum on Interest Rate Benchmarks
Cross-Industry Forum on Interest Rate Benchmarks (March 2022-December 2023)
The Cross-Industry Forum on Interest Rate Benchmarks was established following the reorganization of the Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks. The Forum provided opportunities to exchange opinions for a wide range of market participants and interest rate benchmark users, aiming to facilitate smooth transactions referencing Japanese yen interest rate benchmarks in the Japanese markets.
Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks (August 2018-February 2022)
The Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks conducted necessary deliberations with aims to facilitate market participants and interest rate benchmark users to appropriately choose and use Japanese yen interest rate benchmarks.
Study Group on Risk-Free Reference Rates (April 2015-March 2018)
The Study Group on Risk-Free Reference Rates conducted necessary deliberations on the identification of a Japanese yen nearly risk-free benchmark rate and usage of the rate.