Bank of Japan Report as of September 30
Overview
The Bank of Japan report shows that total assets at the end of September 2026 stood at 625.0 trillion yen, down 70.2 trillion yen, or 10.1% year over year, from 695.2 trillion yen at the end of September 2025. On the asset side, government bonds and loans declined year over year; on the liabilities side, current account deposits decreased while repurchase transaction accounts increased. The report gives reasons for changes in each major item and lists balances for assets, liabilities, and net assets, notes on the scope of accounts, and breakdowns of government bonds, the Loan Support Program, and loans.
Key points
- Total assets at the end of September 2026 were 625.0 trillion yen, down 70.2 trillion yen year over year.
- Current account deposits decreased by 85.5 trillion yen year over year, while repurchase transaction accounts increased by 16.8 trillion yen.
- The report cites reduced purchases of long-term government bonds and a decrease in lending under the Loan Support Program, among other factors, as reasons for declines in government bonds, loans, and current account deposits.
Overview
The report lists balances for assets, liabilities, and net assets in thousands of yen, with total assets and total liabilities and net assets each amounting to 625,025,331,750 thousand yen. The figures are as of the end of September; figures as of March 31 and September 30 differ in part from those in financial statements and other figures published after closing procedures.
Total assets decreased by 70.2 trillion yen from 695.2 trillion yen at the end of the previous September, a year-over-year decline of 10.1%.
Impact
Government bonds decreased by 52.7 trillion yen year over year, with the report citing reduced purchases of long-term government bonds as a factor. Loans decreased by 15.4 trillion yen, attributed to a decrease in lending under the Loan Support Program, among other factors.
Current account deposits decreased by 85.5 trillion yen year over year, with reduced purchases of long-term government bonds and a decrease in lending under the Loan Support Program, among other factors, cited as reasons. Repurchase transaction accounts increased by 16.8 trillion yen, which the report attributes to an increase in the outstanding balance of government bond repurchase transactions with the government.
Details
Assets include government bonds of 504,007,989,212 thousand yen, loans of 68,415,800,000 thousand yen, foreign exchange of 12,014,622,450 thousand yen, and trust property in exchange-traded funds linked to stock indices of 36,955,759,982 thousand yen. Liabilities and net assets include banknotes issued of 114,247,429,201 thousand yen, current account deposits of 416,595,336,544 thousand yen, other deposits of 45,263,350,204 thousand yen, and repurchase transaction accounts of 27,664,220,917 thousand yen.
The government bond breakdown is 504,007,989,212 thousand yen in long-term government bonds and 0 thousand yen in Treasury discount bills. Under the Loan Support Program, funding to support an increase in bank lending is 35,664,500,000 thousand yen, equal to the program total. Loans from the common collateral funds-supplying operation, disaster-area financial institution support operation, and climate change response financing operation total 32,751,300,000 thousand yen.
The notes define cash as payment currency and include real estate investment corporation bonds under corporate bonds. The two types of money trusts refer to beneficiary rights in exchange-traded funds linked to stock indices and investment units in real estate investment corporations, among others, purchased through trust banks. Foreign exchange includes deposits with foreign central banks and the Bank for International Settlements, government bonds of foreign governments, foreign-currency investment trusts, and foreign-currency loans. Agency accounts are deposits of funds for payments to agents, while other deposits are deposits of foreign central banks and similar entities. Miscellaneous accounts under liabilities and net assets include other liabilities and current-period profit or loss; from April until the previous year's surplus is allocated, they also include the previous year's profit or loss.