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Revision of the Monetary Survey

May 16, 2008
Research and Statistics Department
Bank of Japan

As announced in the "Final Draft on the Revision of the Money Stock Statistics--Opinions on the June 2007 Revision Proposal and BOJ Responses," the Monetary Survey will extend coverage of financial institutions to all depository corporations including the Japan Post Bank, etc.1 from the current M2+CDs depository corporations.  The Survey on the new basis will be available on June 13, 2008 with the release of data for April 2008.  At the same time, revisions will also be made to the releasing items.2  See Appendix (PDF 13KB) for details.

Details on the methodology will be released later.

  1. They are the same as money issuers covered by M3 in the Money Stock statistics which will be released from June 9, 2008.
  2. Due to this revision, the new Monetary Survey is further harmonized with the IMF's Monetary and Financial Statistics Manual (the IMF's guideline on statistical methodology) compared to the old Survey.