October 7, 2011
Bank of Japan

thousand yen

Assets

Liabilities and Net Assets

Gold 441,253,409 Cash3 378,436,541 Japanese government securities 84,367,101,147 Commercial paper4 1,464,625,584 Corporate bonds5 1,099,357,787 Pecuniary trusts (stocks held as trust property)6 1,477,124,303 Pecuniary trusts (index-linked exchange-traded funds held as trust property)7 639,232,666 Pecuniary trusts (Japan real estate investment trusts held as trust property)8 52,722,416 Loans (excluding those to the Deposit Insurance Corporation) 42,939,480,000 Foreign currency assets9 4,969,816,874 Deposits with agents10 151,921 Others 557,981,819 Total 138,387,284,472

Banknotes 78,882,935,608 Current deposits 34,640,458,368 Other deposits11 39,197,662 Deposits of the government 1,324,825,251 Payables under repurchase agreements 16,941,932,387 Others12 635,203,650 Provisions 3,236,447,900 Capital 100,000 Legal and special reserves 2,686,183,641 Total 138,387,284,472

1	The Bank's total assets outstanding at the end of September 2011 is 138.4 trillion yen, with an approximate increase of 18.1 trillion yen from the corresponding balance of 120.3 trillion yen at the end of September 2010 (the rate of increase is 15.0%).
2	Main reasons for year-on-year changes in major items:

Assets	Year-on-Year Differences (Rate of Changes)
Japanese government securities	+7.7trillion yen (+10.0%) The increase mainly reflects the Bank's outright purchases of JGBs and treasury discount bills through the Asset Purchase Program.
Loans (excluding those to the Deposit Insurance Corporation)	+6.8trillion yen (+18.9%) The increase reflects the increase in the funds provision through the fixed-rate funds-supplying operation against pooled collateral conducted through the Asset Purchase Program and the fund-provisioning measure to support strengthening the foundations for economic growth.

Liabilities	Year-on-Year Differences (Rate of Changes)
Current deposits	+14.5trillion yen (+71.7%) The increase mainly reflects the funds provision through the Asset Purchase Program.

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	Beneficiary interests in index-linked exchange-traded funds purchased through a trust bank.
8	Investment equity issued by real estate investment corporations 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	60,360,583,882
Treasury discount bills	19,717,313,984

*	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 Bank's 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	1,605,808,164 2,683,395,116 1,464,625,584 1,099,357,787 639,232,666 52,722,416 31,226,000,000
Total	38,771,141,735

*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 Funds-Supplying Operations to Support Financial Institutions in Disaster Areas and Fund-Provisioning Measure to Support Strengthening the Foundations for Economic Growth

11,693,480,000