News Column

BOJ's total assets hit record-high 241.58 tril. yen as of March

May 28, 2014



The Bank of Japan said Wednesday its total assets came to 241.58 trillion yen as of the end of March, hitting a record high for the second consecutive year and up 46.6 percent from a year earlier, as it increased asset purchases under its ultra-loose monetary easing policy.

Its net income rose 25.7 percent from the year before to 724.25 billion yen for the third straight year of increase, as an increase in assets such as government bonds boosted interest revenue, it said.

The BOJ will put 579.39 billion yen in the state coffers.

Among the assets, Japanese government bonds accounted for a record-high 198.34 trillion yen, up 58.2 percent from the previous year, as the BOJ boosted purchases of the bonds to increase financial market liquidity. The amount of lending rose 3.2 percent to 26.31 trillion yen.

Its capital adequacy ratio stood at 7.74 percent, up from 7.45 percent the year before, but the figure compares with 8 to 12 percent that the BOJ considers as a sound level.



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Source: Japan Economic Newswire


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