December 7, 2020
Ministry of Finance
Japan’s reserve assets totaled $ 1,384,615 million as of November 30, 2020, up $ 243 million from the end of October.
Details on the level and composition of Japan’s international reserves/ foreign currency liquidity are provided below.
(in US$ millions)
| A. Official reserve assets | 1,384,615 | ||||
|---|---|---|---|---|---|
| (1) Foreign currency reserves | 1,306,159 | ||||
| (a) Securities | 1,174,513 | ||||
| of which: issuer headquartered in Japan | – | ||||
| (b) Deposits with | 131,646 | ||||
| (i) Foreign central banks and BIS | 130,897 | ||||
| (ii) Banks headquartered in Japan | 649 | ||||
| of which: located abroad | – | ||||
| (iii) Banks headquartered outside Japan | 100 | ||||
| of which: located in Japan | 100 | ||||
| (2) IMF reserve position | 14,261 | ||||
| (3) SDRs | 20,210 | ||||
| (4) Gold | 43,363 | ||||
| (volume [in million fine troy ounces]) | (24.60) | ||||
| (5) other reserve assets | 622 | ||||
| (a) Financial derivatives | – | ||||
| (b) Loans to nonbank nonresidents | – | ||||
| (c) Other | 622 | ||||
| B. Other foreign currency assets | 46,804 | ||||
(Notes) B. Other foreign currency assets include loans to The Japan Bank for International Cooperation (JBIC) in total of $ 46,016 million.
| Total | Maturity breakdown (residual maturity) | ||||
|---|---|---|---|---|---|
| Up to 1 month | More than 1 month and up to 3 months | More than 3 months and up to 1 year | |||
|
1. Foreign currency loans and securities |
– | – | – | – | |
|
2. Aggregate short and long positions in forwards and futures in foreign currencies vis-à vis Yen |
28,249 | 3,249 | 16,000 | 9,000 | |
|
(a) Short positions(-) |
-751 | -751 | – | – | |
|
(b) Long positions (+) |
29,000 | 4,000 | 16,000 | 9,000 | |
|
3. Other |
– | – | – | – | |
| Total | Maturity breakdown (residual maturity, where applicable) | |||||
|---|---|---|---|---|---|---|
| Up to 1 month | More than 1 month and up to 3 months | More than 3 months and up to 1 year | ||||
|
1. Contingent liabilities in foreign currency |
-6,616 | -566 | -1,000 | -5,050 | ||
|
(a) Collateral guarantees on debt falling due within 1 year |
-6,616 | -566 | -1,000 | -5,050 | ||
|
(b) Other contingent liabilities |
– | – | – | – | ||
|
2. Foreign currency securities issued with embedded options |
– | – | – | – | ||
|
3. Undrawn, unconditional credit lines provided by: |
– | – | – | – | ||
|
(a) other national monetary authorities, BIS, IMF, and other international organizations |
– | – | – | – | ||
|
(b) banks and other financial institutions headquartered in Japan |
– | – | – | – | ||
|
(c) banks and other financial institutions headquartered outside Japan |
– | – | – | – | ||
|
4. Undrawn, unconditional credit lines provided to: |
– | – | – | – | ||
|
(a) other national monetary authorities, BIS, IMF, and other international organizations |
– | – | – | – | ||
|
(b) banks and other financial institutions headquartered in Japan |
– | – | – | – | ||
|
(c) banks and other financial institutions headquartered outside Japan |
– | – | – | – | ||
|
5. Aggregate short and long positions of options in foreign currencies vis-à vis Yen |
– | – | – | – | ||
|
(a) Short positions |
– | – | – | – | ||
|
(i) Bought puts |
– | – | – | – | ||
|
(ii) Written calls |
– | – | – | – | ||
|
(b) Long positions |
– | – | – | – | ||
|
(i) Bought calls |
– | – | – | – | ||
|
(ii) Written puts |
– | – | – | – | ||
|
(a) short-term domestic currency debt indexed to the exchange rate |
– | |
|---|---|---|
|
(b) financial instruments denominated in foreign currency and settled by other means(e.g., in Yen) |
– | |
|
(c) pledged assets |
– | |
|
(d) securities lent and on repo |
4,687 | |
|
– lent or repoed and included in Section I |
-178,361 | |
|
– lent or repoed but not included in Section I |
– | |
|
– borrowed or acquired and included in Section I |
– | |
|
– borrowed or acquired but not included in Section I |
183,048 | |
|
(e) financial derivative assets(net, marked to market) |
-310 | |
|
– forwards |
– | |
|
– futures |
– | |
|
– swaps |
-310 | |
|
– options |
– | |
|
– other |
– | |
|
(f) derivatives(forward, futures, or options contracts)that have a residual maturity greater than one year. |
– | |
1. Coverage of this template is the monetary authorities and other central government, excluding social security.
2. Current market exchange rates are used for valuation of non-US dollar denominated assets/liabilities.
3. Securities and gold reflect marked to market values.
4. In Section III, the plus (+) sign is used for inflows and the minus (-) sign for outflows, in accordance with International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template, IMF.
5. ABF2 is included under item 1.A.(5)(c) See http://asianbondsonline.adb.org