Planned Bond Issuance for FY 2004
1. Japanese Government Bonds | |
<Classification by Funding Purpose> | (Billion yen) |
PlannedIssuance for FY2003 Initial Budget (a) |
PlannedIssuance for FY2004 Initial Budget (b) |
||
(b)-(a) | |||
New Financial Resource Bonds | 36,445.0 | 36,590.0 | 145.0 |
Construction Bonds | 6,420.0 | 6,500.0 | 80.0 |
Special Deficit-Financing Bonds |
30,025.0 | 30,090.0 | 65.0 |
Refunding Bonds | 74,967.8 | 84,450.7 | 9,482.9 |
Fiscal Loan FundSpecial Account Bonds |
30,010.0 | 41,300.0 | 11,290.0 |
(public offering) | (11,460.0) | (11,700.0) | (240.0) |
(transitional measures) | (18,550.0) | (29,600.0) | (11,050.0) |
TOTAL | 141,422.8 | 162,340.7 | 20,917.9 |
<Classification by Issuance Methods and Maturity> |
(Billion yen) |
PlannedIssuance for FY2003 Initial Budget (a) |
PlannedIssuance for FY2004 Initial Budget (b) |
||
(b)-(a) | |||
30-year Bonds | 1,600.0 | 2,000.0 | 400.0 |
20-year Bonds | 4,800.0 | 6,900.0 | 2,100.0 |
15-year Bonds | 5,500.0 | 6,000.0 | 500.0 |
10-year Bonds | 22,800.0 | 22,800.0 | - |
5-year Bonds | 22,800.0 | 22,900.0 | 100.0 |
2-year Bonds | 20,960.0 | 19,250.5 | -1,709.5 |
Treasury Bills | 34,170.9 | 34,170.9 | - |
Inflation-Indexed Bonds | 100.0 | 600.0 | 500.0 |
Total Amount in TheMarket | 112,730.9 | 114,621.4 | 1,890.5 |
(excludingTreasury Bills) | (78,560.0) | (80,450.5) | (1,890.5) |
PostalSavings | 2,100.0 | 2,300.0 | 200.0 |
Bankof Japan | 6,441.9 | 13,219.3 | 6,777.4 |
FiscalLoan Fund | 400.0 | 1,000.0 | 600.0 |
Fiscal Loan Fund Special Account Bonds (transitional measures) |
18,550.0 | 29,600.0 | 11,050.0 |
Postal Savings | 9,960.0 | 19,700.0 | 9,740.0 |
PensionReserves | 5,650.0 | 7,500.0 | 1,850.0 |
Postal LifeInsurance | 2,940.0 | 2,400.0 | -540.0 |
Total Amount in PublicSector | 27,491.9 | 46,119.3 | 18,627.4 |
JGB for IndividualInvestors | 1,200.0 | 1,600.0 | 400.0 |
TOTAL | 141,422.8 | 162,340.7 | 20,917.9 |
Note 1: | Figures may not sum upto the total because of rounding. |
2: | The amount of buy-backswill be approximately 1,000.0 billion yen in FY2003, and approximately 2,000.0billion yen in FY2004. |
3: | Figure in "Bank ofJapan" in "Planned Issuance for FY2004 Initial Budget" includes400.0 billion yen of refunding bonds to be issued for the same amount ofbuy-backs from the Bank of Japan. |
4: | Figure in "Fiscal Loan Fund" indicates refunding bonds to be issued forthe same amount of buy-backs from the Fiscal Loan Fund. |
5: | 20-year bonds issuancein FY2003 will be increased by 600.0 billion yen, to meet requests from marketparticipants, which will be transferred within refunding bonds (ie. 2-year bondsissuance will be reduced by the same amount.). |
6: | The issue amount of JGBfor Individual Investors in FY2003 will exceed its initially planned amount(1,200.0 billion yen in "Planned Issuance for FY2003 Initial Budget"). |
7: | For New FinancialResource Bonds in the FY2003 Supplementary Budget, the Construction Bondsissuance will be increased by 273.0 billion yen and the SpecialDeficit-Financing Bonds issuance will be reduced by 273.0 billion yen from itsinitially planned amount shown in "Planned Issuance for FY2003 InitialBudget". |
|
2. Government-guaranteed Bonds |
(Billion yen) |
PlannedIssuance for FY2003 Initial Budget (a) |
PlannedIssuance for FY2004 Initial Budget (b) |
||
(b)-(a) | |||
10-year Bonds | 2,916.2 | 3,509.6 | 593.4 |
7-year Bonds | 700.0 | 1,250.0 | 550.0 |
6-year Bonds | 170.0 | 140.0 | -30.0 |
4-year Bonds | 1,974.9 | 2,300.0 | 325.1 |
2-year Bonds | 1,440.0 | 1,800.0 | 360.0 |
TOTAL | 7,201.1 | 8,999.6 | 1,798.5 |
Note :Government-guaranteed foreign bonds are not included. |