International Reserves/Foreign Currency Liquidity (as of September 30, 2010)

InternationalReserves/Foreign Currency Liquidity
(as of September 30, 2010)

October 7, 2010
Ministry of Finance

Japan's reserve assets totaled $1,109,591 million as of September 30, 2010, up $39,446 million from the end of August.

Details on the level and composition of Japan's international reserves/ foreign currency liquidity are provided below.

(in US$ millions)

I. Official reserve assets and other foreign currency assets

A. Official reserve assets					1,109,591
	(1) Foreign currency reserves				1,051,474
		(a) Securities			1,031,682
				of which: issuer headquartered inJapan	-
		(b) Deposits with			19,792
			(i) Foreign central banks and BIS		6,799
			(ii) Banks headquartered in Japan		9,561
				of which: located abroad	-
			(iii) Banksheadquartered outside Japan		3,432
				of which: located in Japan	3,432
	(2) IMF reserve position				4,686
	(3) SDRs				20,831
	(4) Gold				32,156
				(volume [in million fine troyounces])	(24.60)
	(5) other reserve assets				444
		(a)Financial derivatives			-
		(b)Loans to nonbank nonresidents			-
		(c)Other			444
B. Other foreign currency assets					23,303

(Notes)
B. Other foreign currency assets include loans to The Japan Bank for International Cooperation (JBIC) in total of $ 15,600 million and loans to the IMF in total of $ 7,681 million.

II. Predetermined short-term net drains on foreigncurrency assets

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

Aggregate short and long positions in forwards and futures inforeign currencies vis-à vis Yen

-1

(a) Short positions(-)

-1

(b) Long positions (+)

3. Other

III. Contingent short-term net drains on foreigncurrency assets

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

Contingent liabilities in foreign currency

-5,693

(a)

Collateral guarantees on debt falling due within 1 year

-5,693

(b) Other contingent liabilities

Foreign currency securities issued with embedded options

Undrawn, unconditional credit lines provided by:

(a)

other national monetary authorities, BIS, IMF, and other international organizations

(b)

banks and other financial institutions headquartered inJapan

(c)

banks and other financial institutions headquarteredoutside Japan

Undrawn, unconditional credit lines provided to:

(a)

other national monetary authorities, BIS, IMF, and other international organizations

(b)

banks and other financial institutions headquartered inJapan

(c)

banks and other financial institutions headquarteredoutside Japan

Aggregate short and long positions of options in foreigncurrencies vis-à vis Yen

(a) Short positions

(i) Bought puts

(ii) Written calls

(b) Long positions

(i) Bought calls

(ii) Written puts

IV. Memo items

(a) short-term domestic currency debt indexed to the exchange rate

(b)

financial instruments denominated in foreign currency andsettled by other means(e.g., in Yen)

(d) securities lent and on repo

2,457

- lent or repoed and included in Section I

-95,656

- 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

98,113

(e) financial derivative assets(net, marked to market)

(f)

derivatives(forward, futures, or options contracts)that have a residual maturity greater than one year.

Notes : 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.	ABF1 and ABF2 are included under item 1.A.(5) See http://asianbondsonline.adb.org