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Japan BOJ Current Account Balance Factors

Monthly factors behind changes in current account balances at the Bank of Japan — banknotes, treasury funds and market operations such as JGB purchases and funds-supplying operations. 59 series.

Source: Bank of Japan – Time-Series Data SearchLast updated: Sep 22, 2026, 13:18Curated by Bui Thanh PhucAbout this data ↓

Indicator08-202607-202606-202605-202604-202603-202602-202601-202612-202511-202510-202509-202508-202507-202506-202505-202504-202503-202502-202501-202512-202411-202410-202409-202408-202407-202406-202405-202404-202403-202402-202401-202412-202311-202310-202309-202308-2023
Banknotes1,1345101,48116,571-5,2156,1864,31832,399-37,880318-2,2516,937-768-21969913,0437456,9949,47137,627-40,384-3,834-3,1883,9202,044-10,2385,59617,219-3,1154,1293,43429,718-35,742-1,999-1,8445,1741,030
Treasury Funds and Others / Total-160,483-83,791-43,984-215,41475,91513,237-99,014-123,456-103,299-134,831-68,494-114,751-44,305-101,544-44,445-166,65890,379-8,995-10,645-42,908-100,374-95,245-61,734-56,698-41,138-126,593-71,768-259,13649,061104,390-118,303-113,678-52,507-163,392-63,111-93,328-55,750
Treasury Funds and Others / Net Fiscal Payments28,840-43,51332,383-31,558137,10296,2893,969-52,3241,814-5,07218,668-34,26458,187-28,05634,400-39,072123,68482,92126,260-49,4027,0196,81028,987-12,62746,004-25,02630,408-43,575117,696127,7277,985-32,71222,129-10,53646,918-29,16626,302
Treasury Funds and Others / Government Bonds(over one year)-105,653-100,439-60,607-109,519-99,526-55,978-101,381-102,952-49,289-104,739-98,778-64,327-84,035-106,105-56,874-107,653-103,179-45,145-88,112-96,020-54,024-101,858-100,174-58,224-103,132-112,292-40,286-108,910-95,110-55,722-124,513-98,762-58,365-119,028-110,757-63,251-100,598
Treasury Funds and Others / Government Bonds(over one year) / Issued-117,046-116,474-108,771-125,259-112,206-128,566-117,590-119,463-107,569-121,690-109,389-114,152-108,230-117,604-112,486-122,550-118,139-116,436-110,335-124,010-111,000-120,365-115,223-123,276-118,570-128,365-112,064-125,635-109,463-124,131-136,108-120,587-121,070-129,129-121,369-125,105-117,024
Treasury Funds and Others / Government Bonds(over one year) / Redeemed(i)11,39316,03548,16415,74012,68072,58816,20916,51158,28016,95110,61149,82524,19511,49955,61214,89714,96071,29122,22327,99056,97618,50715,04965,05215,43816,07371,77816,72514,35368,40911,59521,82562,70510,10110,61261,85416,426
Treasury Funds and Others / Tresury Discount Bills44,09639,87131,9659,8883,894-21,048-19,145-19,2156735555636,5698,4938,4524,505431407-6,552-2,60081519,27134,76740,46351,04436,25225,75413,015-2,074-5,242-10,045-8,714-1,595-6,7214,23213,87422,00419,211
Treasury Funds and Others / Tresury Discount Bills / Issued-247,902-214,127-270,033-245,110-251,104-303,047-258,143-258,214-238,325-238,443-238,435-281,429-238,506-238,547-287,494-246,567-246,591-291,550-246,598-246,633-238,730-238,793-241,892-299,866-267,857-331,923-291,930-303,893-303,932-306,982-305,090-299,154-299,138-299,174-355,202-301,128-307,123
Treasury Funds and Others / Tresury Discount Bills / Redeemed(j)291,998253,998301,998254,998254,998281,999238,998238,999238,998238,998238,998287,998246,999246,999291,999246,998246,998284,998243,998247,448258,001273,560282,355350,910304,109357,677304,945301,819298,690296,937296,376297,559292,417303,406369,076323,132326,334
Treasury Funds and Others / Foreign Exchange-153,179-460-629-117,21264-1,137-177463-293-793-1,124-27041-376-3,11027739892767-163-544-376-732568570-54,666-901-98,401-874-414-584-81069072-572763176
Treasury Funds and Others / Others(b)25,41320,750-47,09632,98734,381-4,88917,72050,572-56,204-24,78212,177-22,459-26,99124,541-23,366-20,64169,069-40,31153,040101,862-72,096-34,588-30,278-37,459-20,83239,637-74,004-6,17632,59142,8447,52320,201-10,240-38,132-12,574-23,678-841
Surplus / Shortage of Funds-159,349-83,281-42,503-198,84370,70019,423-94,696-91,057-141,179-134,513-70,745-107,814-45,073-101,763-43,746-153,61591,124-2,001-1,174-5,281-140,758-99,079-64,922-52,778-39,094-136,831-66,172-241,91745,946108,519-114,869-83,960-88,249-165,391-64,955-88,154-54,720
BOJ Loans and Market Operations / Total22,44759,758-74,83725,52726,168-32,99724,47462,841-19,63727,83826,913-107,81337,09354,99412,33844,60836,109-6,13529,224-25,40624,58946,80154,26142,64958,681103,86668,64253,79045,605118,01363,27984,05384,45288,952110,04875,263111,447
BOJ Loans and Market Operations / Subtotal (excluding the Loan Support Program)22,44759,75821,99125,52726,16824,85824,47462,84123,18727,83826,91328,87637,09354,99434,58044,60836,10941,86129,224-25,40638,47646,80154,26150,99158,681103,86662,61053,79045,60567,27163,58584,05365,10088,952110,04860,356111,447
BOJ Loans and Market Operations / Outright Purchases of JGBs23,21223,38625,23424,97525,69927,44027,78927,32130,83931,73132,09735,44436,05336,21240,51339,95239,50743,37043,83843,84748,57448,36548,78253,40052,63063,73760,53645,29058,44659,28959,47759,48663,75073,92592,70574,74881,863
BOJ Loans and Market Operations / Outright Purchases of T-Bills(k)000000000000000000000000000002,0034,0012,0012,0023,0014,0084,0055,011
BOJ Loans and Market Operations / Outright Sales of T-Bills(k)0000000000000000000000000000000000000
BOJ Loans and Market Operations / Purchases of JGSs under Repurchase Agreement(c)0000000000000000000000000000000000000
BOJ Loans and Market Operations / Sales of JGSs under Repurchase Agreements0000000000000000000000000000000000000
BOJ Loans and Market Operations / Funds-Supplying Operations against Pooled Collateral2-615-8602-3-47-2-4042-933-91,2200-210-12846139-16,44916,347-1,330-4,1706,262-70118,5609,684-139
BOJ Loans and Market Operations / Funds-Supplying Operations against Pooled Collateral(of which: fixed-rate method)(l)2-615-8602-3-47-2-4042-933-91,2200-210-12846139-16,44916,347-1,330-4,1706,262-701-1,449-321-139
BOJ Loans and Market Operations / Purchases of CP under Repurchase Agreements0000000000000000000000000000000000000
BOJ Loans and Market Operations / Outright Sales of Bills Drawn by BOJ0000000000000000000000000000000000000
BOJ Loans and Market Operations / Outright Purchases of Corporate Bonds(q)-819-1,909-2,687-927-2,033-2,206-1,710-1,353-4,840-1,054-1,897-2,021-779-3,686-4,134-556-2,506-739-662-989-2,465-111-1,513-2,144112-1,204-781-55-1,692-305437230-2,961-1,084-2,942-2,805112
BOJ Loans and Market Operations / Funds-supplying operation to support financial institutions in disaster areas-1300000000-5700-14900-18100-34600-3600-102000000000000
BOJ Loans and Market Operations / Climate response financing operations038,2150000039,8480000029,2330000022,4390000037,963000-3019,01800000
BOJ Loans and Market Operations / Loans(f)00000000000000000000000000000-11000000
BOJ Loans and Market Operations / Securities Lending as a Secondary Source of JGSs6872-5571,4742,510-382-1,605-2,679-2,264-1,597-1,361-3,1833,054-5,997-9756,1847123,418-12,478-489-5,7821,3346,7551,3617,1542,2292,36711,0843,717-5,860-4895,546-1,85813,025-4,556-19,98222,480
BOJ Loans and Market Operations / Securities lending to provide JGSs as collateral for the U.S. dollar funds-supplying operations-300000002-2000000004-420-202-200020-22-2000
BOJ Loans and Market Operations / Subtotal (Loan Support Program)00-96,82800-57,85500-42,82400-136,68900-22,24200-47,99600-13,88700-8,342006,0320050,742-306019,3520014,9070
(Discontinued) BOJ Loans and Market Operations / Fund-provisioning measure to support strengthening the foundations for economic growth (through June 2026)(m)(n)(r)-2,55600-7,85800-2,37700-2,43400-2,08200-6,71100-1,54800-1,51000-1,63500-1,87800-9,05800-3,7700
BOJ Loans and Market Operations / Fund-Provisioning Measure to Stimulate Bank Lending(r)00-94,27200-49,99700-40,44700-134,25500-20,16000-41,28500-12,33900-6,832007,6670052,620-306028,4100018,6770
Net Change in Current Account Balances (g)-136,902-23,523-117,340-173,31696,868-13,574-70,222-28,216-160,816-106,675-43,832-215,627-7,980-46,769-31,408-109,007127,233-8,13628,050-30,687-116,169-52,278-10,661-10,12919,587-32,9652,470-188,12791,551226,532-51,59093-3,797-76,43945,093-12,89156,727
(Memo)Outstanding / Outright Purchases of T-Bills(k)000000000000000000002,5513,5483,9864,6296,7189,60716,93118,98820,16720,47520,53219,15518,59425,17725,76922,68327,552
(Memo)Outstanding / Outright Sales of T-Bills(k)0000000000000000000000000000000000000
(Memo)Outstanding / Purchases of JGSs under Repurchase Agreements (c)0000000000000000000000000000000000000
(Memo)Outstanding / Sales of JGSs under Repurchase Agreements0000000000000000000000000000000000000
(Memo)Outstanding / Funds-Supplying Operations against Pooled Collateral78,04078,03878,04478,04378,03878,04678,04078,04078,03878,04178,04578,03878,04078,04478,04478,04078,03878,04778,04478,041169,261169,261169,263169,262169,262169,263169,261168,415168,276184,725168,378169,708173,878167,616168,317149,757140,073
(Memo)Outstanding / Funds-Supplying Operations against Pooled Collateral(of which: fixed-rate method)(l)8,0058,0038,0098,0088,0038,0118,0058,0058,0038,0068,0108,0038,0058,0098,0098,0058,0038,0128,0098,00699,22699,22699,22899,22799,22799,22899,22698,38098,241114,69098,34399,673103,84397,58198,28299,731100,052
(Memo)Outstanding / Purchases of CP under Repurchase Agreements0000000000000000000000000000000000000
(Memo)Outstanding / Outright Sales of Bills Drawn by BOJ0000000000000000000000000000000000000
(Memo)Outstanding / Outright Purchases of Corporate Bonds(q)13,59614,41516,32419,01119,93821,97124,17725,88727,24032,08033,13435,03137,05237,83141,51745,65146,20748,71349,45250,11451,10353,56853,67955,19257,33657,22458,42859,20959,26460,95661,26160,82460,59463,55564,63967,58170,386
(Memo)Outstanding / Funds-supplying operation to support financial institutions in disaster areas1171301301301301301301301301301871871873363363365175175178638638638998998991,0011,0011,0011,0011,0011,0011,0011,0011,0011,0011,0011,001
(Memo)Outstanding / Climate response financing operations249,361249,361211,146211,146211,146211,146211,146211,146171,298171,298171,298171,298171,298171,298142,065142,065142,065142,065142,065142,065119,626119,626119,626119,626119,626119,62681,66381,66381,66381,66381,66681,66662,64862,64862,64862,64862,648
(Memo)Outstanding / Loans(f)0000000000000000000000000000001000000
(Memo)Outstanding / Loans / Loans by Complementary Lending Facility0000000000000000000000000000001000000
(Memo)Outstanding / Securities Lending as a Secondary Source of JGSs438506578211,4954,0053,6232,5491,7071,3161,5982,0998135,7621,6676926,8768,54112,9185,1418,0014,6547,91914,67416,03523,18925,41827,78538,86942,58636,72636,23741,78339,92552,95048,39428,412
(Memo)Outstanding / Securities lending to provide JGSs as collateral for the U.S. dollar funds-supplying operations3000000002000000000402200200002202000
(Memo)Outstanding / Subtotal (Loan Support Program)391,059391,059391,059487,887487,887487,887545,742545,742545,742588,566588,566588,566725,255725,255725,255747,497747,497747,497795,493795,493795,493809,380809,380809,380817,722817,722817,722811,690811,690811,690760,948761,254761,254741,902741,902741,902726,995
(Discontinued) (Memo)Outstanding / Fund-provisioning measure to support strengthening the foundations for economic growth (through June 2026)(m)(n)(r)02,5562,5562,55610,41410,41410,41412,79112,79112,79115,22515,22515,22517,30717,30717,30724,01824,01824,01825,56625,56625,56627,07627,07627,07628,71128,71128,71130,58930,58930,58939,64739,64739,64743,417
(Memo)Outstanding / Fund-Provisioning Measure to Stimulate Bank Lending(r)391,059391,059391,059485,331485,331485,331535,328535,328535,328575,775575,775575,775710,030710,030710,030730,190730,190730,190771,475771,475771,475783,814783,814783,814790,646790,646790,646782,979782,979782,979730,359730,665730,665702,255702,255702,255683,578
(Memo)Outstanding / Current Account Balances4,243,2204,380,1224,403,6454,520,9854,694,3014,597,4334,611,0074,681,2294,709,4454,870,2614,976,9365,020,7685,236,3955,244,3755,291,1445,322,5525,431,5595,304,3265,312,4625,284,4125,315,0995,431,2685,483,5465,494,2075,504,3365,484,7495,517,7145,515,2445,703,3715,611,8205,385,2885,436,8785,436,7855,440,5825,517,0215,471,9285,484,819
(Memo)Outstanding / Current Account Balances / Reserve Balances and the Deposit of the Japan Post / Reserves Balances3,905,3624,028,1294,072,4354,216,3654,346,0104,210,4094,247,0684,298,4284,289,6534,485,4724,532,2374,549,6284,767,7904,746,4924,800,6484,822,4844,889,0734,779,6314,814,3614,744,4664,811,9884,867,4884,912,5104,950,9994,911,3954,896,5254,905,2604,848,0015,021,7264,942,8134,696,7984,728,0444,736,0984,722,2714,803,4434,799,3474,764,564

Latest reading

Banknotes stood at 1,134 100 million yen in Aug 2026. That is +624 100 million yen from Jul 2026 and +1,902 100 million yen from a year earlier. The series on this page is monthly and runs from Feb 1953 to Aug 2026. Source: Bank of Japan – Time-Series Data Search.

Latest
1,134 100 million yen
Aug 2026
vs previous period
+624 100 million yen
Jul 2026
vs a year earlier
+1,902 100 million yen

About this data

Monthly factors behind changes in current account balances at the Bank of Japan — banknotes, treasury funds and market operations such as JGB purchases and funds-supplying operations. 59 series. Source: Bank of Japan, Time-Series Data Search.

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