Money Stock Preliminary Figures (June 2026)

This material is “Money Stock (Preliminary Figures for June 2026),” released by the Bank of Japan’s Research and Statistics Department. The Japanese release date is July 9, 2026, and the external release time is stated as 8:50 a.m. on July 9. The English title is “Money Stock (Preliminary Figures for June 2026).”

The material presents preliminary figures for June 2026 for M2, M3, M1, quasi-money, certificates of deposit, and broad liquidity. It also includes annual figures for 2024 and 2025, quarterly figures from the first quarter of 2025 through the second quarter of 2026, and monthly figures from May 2025 through June 2026.

Unless otherwise specified, the growth rates are year-on-year rates based on average outstanding amounts, and the unit is percent. In the table, “annualized rate of change from the previous quarter (month), seasonally adjusted” refers to the annualized, seasonally adjusted rate of change from the previous quarter or month.

In June 2026, average outstanding balances were 1,296.4 trillion yen for M2, 1,640.0 trillion yen for M3, 1,096.3 trillion yen for deposit currency, 109.5 trillion yen for currency in circulation, 23.8 trillion yen for certificates of deposit, and 2,334.1 trillion yen for broad liquidity. In May 2026, they were 1,298.1 trillion yen for M2, 1,641.8 trillion yen for M3, 1,103.2 trillion yen for deposit currency, 110.2 trillion yen for currency in circulation, 21.8 trillion yen for certificates of deposit, and 2,334.1 trillion yen for broad liquidity.

In June 2026, the year-on-year growth rates based on average outstanding amounts for the broad liquidity components were 5.0 percent for investment trusts, 0.2 percent for financial debentures, 10.3 percent for ordinary bonds issued by banks, 1,408.6 percent for commercial paper issued by financial institutions, 12.5 percent for pecuniary trusts, 19.4 percent for government securities, and 4.1 percent for foreign bonds. The table shows the growth rates for these items and for M3.

In the notes on broad liquidity, pecuniary trusts exclude pension trusts and securities investment trusts. The figures for investment trusts represent cumulative net investment amounts in securities investment trusts and real estate investment trusts. Ordinary bonds issued by banks exclude bonds with subordinated conditions and other instruments, while commercial paper issued by financial institutions includes short-term bonds (electronic commercial paper). Government securities include treasury discount bills and FILP bonds.

In the table, “r” denotes a revised value. In addition, figures from January 2005 onward have been revised, and the notes direct users to the Bank of Japan’s Time-Series Data Search for the revised figures.