April 7, 2011
Bank of Japan

thousand yen

Assets

Liabilities and Net Assets

Gold 441,253,409 Cash3 396,384,964 Receivables under resale agreements 628,576,844 Japanese government securities 77,299,238,610 Commercial paper4 274,284,916 Corporate bonds5 203,233,439 Pecuniary trusts (stocks held as trust property)6 1,504,922,076 Pecuniary trusts (index-linked exchange-traded funds held as trust property)7 185,124,542 Pecuniary trusts (Japan real estate investment trusts held as trust property)8 17,738,077 Loans (excluding those to the Deposit Insurance Corporation) 56,136,010,000 Foreign currency assets9 5,235,358,469 Deposits with agents10 17,422,382 Others 585,454,184 Total 142,925,001,918

Banknotes 80,923,031,080 Current deposits 40,755,630,259 Other deposits11 34,459,660 Deposits of the government 2,355,376,115 Payables under repurchase agreements 12,298,663,762 Others12 648,255,929 Provisions 3,231,122,514 Capital 100,000 Legal and special reserves 2,678,362,596 Total 142,925,001,918

1	The Bank's total assets outstanding at the end of March 2011 is 142.9 trillion yen, with an approximate increase of 21.1 trillion yen from the corresponding balance of 121.8 trillion yen at the end of March 2010 (the rate of increase is 17.3%).
2	Main reasons for year-on-year changes in major items:

Assets	Year-on-Year Differences (Rate of Changes)
Receivables under resale agreements	-4.4trillion yen (-87.4%) The decrease reflects the decrease in funds provision through purchases of JGSs under repurchase agreements and purchases of CP under repurchase agreements.
Loans (excluding those to the Deposit Insurance Corporation)	+20.4trillion yen (+56.9%) The increase reflects the increase in funds provision through the funds-supplying operations against pooled collateral and the introduction of the fund-provisioning measure to support strengthening the foundations for economic growth.

Liabilities	Year-on-Year Differences (Rate of Changes)
Banknotes	+3.6trillion yen (+4.6%) The increase reflects the rapid increase in demand for banknotes since mid-March and so on.
Current deposits	+17.3trillion yen (+73.8%) The increase mainly reflects the ample provision of funds in response to the Great East Japan Earthquake.

3	Coins reserved for circulation.
4	Comprises 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.
5	Includes bonds issued by real estate investment corporations.
6	Stocks purchased from financial institutions through a trust bank.
7	Index-linked exchange-traded funds purchased through a trust bank.
8	Japan real estate investment trusts purchased through a trust bank.
9	Includes foreign currency deposits held at foreign central banks and the Bank for International Settlements, securities issued by foreign governments, foreign currency mutual funds, foreign currency pecuniary trusts, and loans by US dollar funds-supplying operations against pooled collateral.
10	Deposits 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.
11	Deposits held by foreign central banks and others.
12	Includes miscellaneous liabilities and current income (net accumulated profits). For reports from April to around mid-May, net income for the previous fiscal year before appropriation is also included.

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(Annex Table 1)

Breakdown of Japanese government securities^*

(thousand yen)

Japanese government bonds	58,222,229,352
Treasury discount bills	16,826,332,947

*	Excludes the amounts of Japanese government bonds and Treasury discount bills shown in Annex Table 2. "Japanese government securities" shown as Assets is the sum of "Japanese government bonds" shown in Annex Table 1 and Annex Table 2 and "Treasury discount bills" shown in Annex Table 1 and Annex Table 2."

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(Annex Table 2)

Asset Purchase Program
The table below represents the asset item amounts outstanding under the Asset Purchase Program.

(thousand yen)

Japanese government bonds*1 Treasury discount bills*1 Commercial paper Corporate bonds Index-linked exchange-traded funds Japan real estate investment trusts Funds-Supplying Operations against Pooled Collateral*2	900,731,736 1,349,944,574 274,284,916 203,233,439 185,124,542 17,738,077 28,829,200,000
Total	31,760,257,286

*1	The figure is included in "Japanese government securities" as Assets. "Japanese government securities" shown as Assets is the sum of "Japanese government bonds" shown in Annex Table 1 and Annex Table 2 and "Treasury discount bills" shown in Annex Table 1 and Annex Table 2.
*2	The figure is included in "Loans" as Assets.

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(Annex Table 3)

(thousand yen)

Loans by Funds-Supplying Operations against Pooled Collateral (excluding Funds-Supplying Operations against Pooled Collateral shown in Annex Table 2) and Fund-Provisioning Measure to Support Strengthening the Foundations for Economic Growth	27,266,810,000