Planned Bond Issuance for FY 2005
1. Japanese Government Bonds | |
<Classification by Funding Purpose> | (Billion yen) |
Planned Issuance for FY2004 Initial Budget (a) |
Planned Issuance for FY2005 Initial Budget (b) |
||
(b)-(a) | |||
New Financial Resource Bonds | 36,590.0 | 34,390.0 | ▲2,200.0 |
Construction Bonds |
6,500.0 | 6,180.0 | ▲320.0 |
Special Deficit-financing Bonds |
30,090.0 | 28,210.0 | ▲1,880.0 |
Refunding Bonds | 84,450.7 | 103,815.1 | 19,364.4 |
Fiscal Loan Bonds | 41,300.0 | 31,300.0 | ▲10,000.0 |
(public offering) | (11,700.0) | (12,000.0) | (300.0) |
(transitional measures) | (29,600.0) | (19,300.0) | (▲10,300.0) |
TOTAL | 162,340.7 | 169,505.1 | 7,164.4 |
<Classification by Issuance Methods and Maturity> |
(Billion yen) |
Planned Issuance for FY2004 Initial Budget (a) |
Planned Issuance for FY2005 Initial Budget (b) |
||
(b)-(a) | |||
30-year Bonds | 2,000.0 | 2,000.0 | - |
20-year Bonds | 6,900.0 | 9,000.0 | 2,100.0 |
15-year Floating-rate Bonds | 6,000.0 | 9,600.0 | 3,600.0 |
10-year Bonds | 22,800.0 | 22,800.0 | - |
10-year Inflation-Indexed Bonds | 600.0 | 2,000.0 | 1,400.0 |
5-year Bonds | 22,900.0 | 24,000.0 | 1,100.0 |
2-year Bonds | 19,250.5 | 20,400.0 | 1,149.5 |
Treasury Bills | 34,170.9 | 29,961.5 | ▲4,209.4 |
Total Amount in the Market | 114,621.4 | 119,761.5 | 5,140.1 |
(excluding Treasury Bills) |
(80,450.5) | (89,800.0) | (9,349.5) |
JGB for Individual Investors |
1,600.0 | 3,600.0 | 2,000.0 |
SUBTOTAL | 116,221.4 | 123,361.5 | 7,140.1 |
Bank of Japan | 13,219.3 | 23,043.6 | 9,824.3 |
Fiscal Loan Fund | 1,000.0 | 1,000.0 | - |
Fiscal Loan Bonds (transitional measures) |
29,600.0 | 19,300.0 | ▲10,300.0 |
Postal Savings | 19,700.0 | 12,300.0 | ▲7,400.0 |
Pension Reserves | 7,500.0 | 5,200.0 | ▲2,300.0 |
Postal Life Insurance | 2,400.0 | 1,800.0 | ▲600.0 |
OTC sales at Post Offices |
2,300.0 | 2,800.0 | 500.0 |
Total Amount in Public Sector | 46,119.3 | 46,143.6 | 24.3 |
TOTAL | 162,340.7 | 169,505.1 | 7,164.4 |
Note |
1. |
Figures may not sum up to the total because of rounding. |
2. |
Figures in "Fiscal Loan Fund" indicate the amount of refunding bonds to be underwritten by | |
Fiscal Loan Fund and correspond with that of buy-backs from the Fiscal Loan Fund. | ||
3. |
The amount of buy-backs will be 2,200 billion yen in FY2005. | |
4. |
The limit of interest-rate SWAP transactions will be 300 billion yen on the basis of notional | |
principal in FY2005. | ||
|
5. |
For new financial resource bonds in the FY2004 supplementary budget, the construction |
bonds issuance will be increased by 2,204 billion yen and the special deficit-financing bond | ||
issuance will be reduced by 2,204 billion yen from its initially planned amount shown in | ||
"Planned issuance for FY2004 initial budget." |
2. Government-guaranteed Bonds |
(Billion yen) |
Planned Issuance for FY2004 Initial Budget (a) |
Planned Issuance for FY2005 Initial Budget (b) |
||
(b)-(a) | |||
15-year Bonds | - | 200.0 | 200.0 |
10-year Bonds | 3,509.6 | 3,552.9 | 43.3 |
7-year Bonds | 1,250.0 | 890.0 | ▲360.0 |
6-year Bonds | 140.0 | 80.0 | ▲60.0 |
4-year Bonds | 2,300.0 | 2,100.0 | ▲200.0 |
3-year Bonds | - | 200.0 | 200.0 |
2-year Bonds | 1,800.0 | 1,000.0 | ▲800.0 |
TOTAL | 8,999.6 | 8,022.9 | ▲976.7 |
Note : Government-guaranteed foreign bonds are not included. |