Release of Data on Collateral Accepted by the Bank of Japan
June 4, 2002
Bank of Japan
Financial Markets Department
The Bank of Japan, in an effort to enhance the transparency of its business operations, has started releasing data on the amount outstanding of collateral accepted by the Bank1 on its Web site. Details are as follows.
1. Data for Release
The amount outstanding of the following, which the Bank accepts as collateral (on a face value basis2 and collateral value basis3): Japanese government bonds (total amount and amount of treasury/financing bills), government-guaranteed bonds, municipal bonds, Fiscal Investment and Loan Program (FILP) agency bonds, corporate bonds, asset-backed securities, foreign government/international financial institution bonds, bills, commercial paper (total amount and amount of asset-backed commercial paper), loans on deeds to companies, loans on deeds to the Government's Special Account for the Allotment of Local Allocation Tax and Local Transfer Tax, and loans on deeds to the Deposit Insurance Corporation with government guarantee.
In addition, the amount outstanding of government bonds borrowed by the Bank against cash collateral, treasury/financing bills purchased by the Bank under repurchase agreements, and commercial paper (total amount and amount of asset-backed commercial paper) purchased by the Bank under repurchase agreements are also released as reference figures.
2. Frequency of Release
3. Release Schedule
Month-end figures are released on the evening of the second business day of the following month.
The Bank released today data as of the end of March, April, and May 2002.
- Collateral to secure debt incurred as a result of: use of the intraday overdraft facility and the complementary lending facility; purchase of bills; and treasury agent contracts/revenue agent contracts.
- Outstanding principal balance for bonds, such as pass-through bonds and loans on deeds, whose principal balance may decrease due to prepayments before the final maturity date.
- Market price adjusted by haircut for bonds (excluding those whose principal balance may decrease before the final maturity date); face value adjusted by haircut for bills; and outstanding principal balance adjusted by haircut for bonds whose principal balance may decrease before the final maturity date and for loans on deeds.
For further information, please contact:
Money and Capital Markets Division, Financial Markets Department