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International Reserves/Foreign Currency Liquidity (as of July 31, 2022)

August 5, 2022

Ministry of Finance

Japan's reserve assets totaled $ 1,323,034 million as of July 31, 2022, up $ 11,780 million from the end of June.

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 1,323,034
  (1) Foreign currency reserves 1,202,553
  (a) Securities 1,064,930
    of which: issuer headquartered in Japan -
(b) Deposits with 137,623
  (i) Foreign central banks and BIS 137,015
(ii) Banks headquartered in Japan 583
  of which: located abroad -
(iii) Banks headquartered outside Japan 25
  of which: located in Japan 25
(2) IMF reserve position 10,033
(3) SDRs 58,680
(4) Gold 47,691
      (volume [in million fine troy ounces]) (27.20)
(5) other reserve assets 4,077
  (a) Financial derivatives -
(b) Loans to nonbank nonresidents -
(c) Other 4,077
18B. Other foreign currency assets 45,852

(Notes) B. Other foreign currency assets include loans to The Japan Bank for International Cooperation (JBIC) in total of $ 45,701 million.

II. Predetermined short-term net drains on foreign currency 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

- - - -

2. Aggregate short and long positions in forwards and futures in foreign currencies vis-à vis Yen

23,999 3,999 9,000 11,000
 

(a) Short positions(-)

-1 -1 - -

(b) Long positions (+)

24,000 4,000 9,000 11,000

3. Other

- - - -
III. Contingent short-term net drains on foreign currency 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

1. Contingent liabilities in foreign currency

-10,250 - -2,000 -8,250
 

(a) Collateral guarantees on debt falling due within 1 year

-10,250 - -2,000 -8,250

(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

(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

5,145
 

- lent or repoed and included in Section I

-189,302

- 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

194,447

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

1,253
 

- forwards

-

- futures

-

- swaps

1,253

- options

-

- other

-

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

6. The classification of the notes issued by IMF managed trust accounts was changed from I.A.2 to I.A.5(c) on November 30, 2021.