BOJ Forecasts Y3.24 Tln Money Market Surplus In June
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BOJ Forecasts Y3.24 Tln Money Market Surplus In June TOKYO (Dow Jones)--Japan's money market faces a surplus of Y3.24 trillion in June, which is smaller than the Y8.40 trillion surplus for the same month a year ago, according to a forecast by the Bank of Japan released Monday. The central bank also said it expects the volume of banknotes to grow 1.2% at the end of June from the same month last year. The details of the forecast are as follows; June 2007 June 2006 Change
Total 3,240 8,404.3 -5,164.3
Banknotes -450 -608.3 158.3
Treasury funds and others 3,690 9,012.6 -5,322.6
Net JGBs and TBs 4,280 3,086.0 1,194.0
Net FBs -2,350 27.2 -2,377.2
Other items 1,760 5,899.4 -4,139.4
Figures are in billions of yen. Negative figures represent a shortage of funds. Net values show the difference between issuance and redemption of government bonds and treasury bills or financing bills. -Tokyo Bureau, Dow Jones Newswires; 813-5255-2929 (END) Dow Jones Newswires
BOJ Forecasts Y3.24 Tln Money Market Surplus In June TOKYO (Dow Jones)--Japan's money market faces a surplus of Y3.24 trillion in June, which is smaller than the Y8.40 trillion surplus for the same month a year ago, according to a forecast by the Bank of Japan released Monday. The central bank also said it expects the volume of banknotes to grow 1.2% at the end of June from the same month last year. The details of the forecast are as follows; June 2007 June 2006 Change
Total 3,240 8,404.3 -5,164.3
Banknotes -450 -608.3 158.3
Treasury funds and others 3,690 9,012.6 -5,322.6
Net JGBs and TBs 4,280 3,086.0 1,194.0
Net FBs -2,350 27.2 -2,377.2
Other items 1,760 5,899.4 -4,139.4
Figures are in billions of yen. Negative figures represent a shortage of funds. Net values show the difference between issuance and redemption of government bonds and treasury bills or financing bills. -Tokyo Bureau, Dow Jones Newswires; 813-5255-2929 (END) Dow Jones Newswires
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