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Release of Figures on Reserves

October 16, 1998
Bank of Japan
Financial Markets Department

The Bank of Japan has decided to release the following figures monthly starting from those of September 1998, released simultaneously with this announcement. Figures from April 1997 to August 1998 are attached.

On reserves at the Bank held by financial institutions for each reserve maintenance period:

(1) Reserve balances deposited in the period

  • The cumulative total of the daily amounts outstanding deposited in the reserve maintenance period (A).
  • The amounts outstanding on the last business day of the period (C).

(2) Required reserves in the period

  • The cumulative total amount required to be deposited in the reserve maintenance period (B).
  • The amount required on the last business day of the period (D).

Reference:

(3) Amounts outstanding of the current account deposits at the Bank held by institutions not subject to the reserve requirement system

  • The cumulative total of the daily amounts outstanding in the reserve maintenance period.
  • The amounts outstanding on the last business day of the period.

The above figures will be released at around 10 a.m. on the next business day following the last day of each reserve maintenance period. "The last day" is the 15th of each month, but if that day falls on a bank holiday, it will be the last business day before the 15th.