Location : HOME > International Policy > Statistics > International Reserves/Foreign Currency Liquidity > International Reserves/Foreign Currency Liquidity (as of March 31, 2019)

International Reserves/Foreign Currency Liquidity (as of March 31, 2019)

April 5, 2019

Ministry of Finance

Japan's reserve assets totaled $1,291,813 million as of March 31, 2019, up $9,967 million from the end of February.

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 assets1,291,813
(1) Foreign currency reserves1,229,406
(a) Securities1,098,444
of which: issuer headquartered in Japan-
(b) Deposits with130,962
(i) Foreign central banks and BIS130,314
(ii) Banks headquartered in Japan623
of which: located abroad-
(iii) Banks headquartered outside Japan25
of which: located in Japan25
(2) IMF reserve position11,308
(3) SDRs18,675
(4) Gold31,870
(volume [in million fine troy ounces])(24.60)
(5) other reserve assets554
(a) Financial derivatives-
(b) Loans to nonbank nonresidents-
(c) Other554
B. Other foreign currency assets50,130

(Notes) B. Other foreign currency assets include loans to The Japan Bank for International Cooperation (JBIC) in total of $ 49,840 million.

II. Predetermined short-term net drains on foreign currency assets
TotalMaturity breakdown (residual maturity)
Up to 1 monthMore than 1 month and up to 3 monthsMore 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 Yen17,0005,0008,0004,000
(a) Short positions(-)----
(b) Long positions (+)17,0005,0008,0004,000
3. Other----
III. Contingent short-term net drains on foreign currency assets
TotalMaturity breakdown (residual maturity, where applicable)
Up to 1 monthMore than 1 month and up to 3 monthsMore than 3 months and up to 1 year
1. Contingent liabilities in foreign currency-5,070--1,500-3,570
(a) Collateral guarantees on debt falling due within 1 year-5,070--1,500-3,570
(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----
IV. Memo items
(1) To be reported with standard periodicity and timeliness:
(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 repo3,101
- lent or repoed and included in Section I-130,429
- 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 I133,530
(e) financial derivative assets(net, marked to market)97
- forwards-
- futures-
- swaps97
- options-
- other-
(f) derivatives(forward, futures, or options contracts)that have a residual maturity greater than one year.-
(2) To be disclosed less frequently:
(a) currency composition of reserves (by groups of currencies)
- currencies in SDR basket1,291,390
- currencies not in SDR basket423

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. ABF2 is included under item 1.A.(5) See http://asianbondsonline.adb.orgOpen a New Window

6. IMF reserve position, SDRs and Gold are included in 'currencies in SDR basket' of IV. Memo items.