The Bank of Japan’s monetary base rose ¥1.8 trillion in October as current-account balances increased enough to offset declines in banknotes and coins in circulation, lifting the month-end total above September’s level.
The BOJ’s monthly data put the October total at ¥537.2 trillion, compared with ¥535.4 trillion in September. At full precision, the figures were ¥537.2137 trillion and ¥535.4214 trillion, respectively. The August total was ¥543.8 trillion, the highest of the three month-end figures.
Current-account balances climbed to ¥418.5 trillion in October from ¥416.6 trillion a month earlier. That increase outweighed declines in the two cash components, the BOJ data show.
Separately, the central bank’s Japanese government bond holdings rose to ¥505.3 trillion from ¥504.0 trillion in September. The BOJ’s figures report balances outstanding at each month’s end.
