Japan's official reserve holdings were valued at $1.179 trillion at October's close, with securities forming the largest component as the overall total rose from September.
Ministry of Finance data put the amount at $1,179,119 million, $723 million above the September-end reading. Foreign-currency reserves accounted for $985.228 billion, with $834.555 billion in securities and $150.673 billion in deposits. The deposits included $150.248 billion at foreign central banks and the Bank for International Settlements, $400 million at banks headquartered in Japan and $25 million at overseas-headquartered banks located in Japan.
Official reserves also included $106.437 billion in gold, equivalent to 27.20 million fine troy ounces; $60.627 billion in special drawing rights; a reserve position of $11.167 billion at the International Monetary Fund; and $15.660 billion classified as other reserve assets.
Beyond official reserves, the Ministry listed $36.759 billion in other foreign currency assets, including $36.390 billion lent to the Japan Bank for International Cooperation. It also placed $20 billion in long positions in foreign-currency forwards and futures against the yen under predetermined short-term net drains on foreign-currency assets. The maturity schedule assigned $2 billion to positions with up to one month remaining, $9 billion to those with more than one month and up to three months, and $9 billion to maturities above three months through one year.
The report separately listed $10.250 billion in contingent foreign-currency liabilities, all described as collateral guarantees on debt due within one year. It grouped $1.8 billion under maturities up to one month, $500 million for maturities beyond one month and up to three months, and $7.95 billion for maturities above three months through one year.
The ministry said its template covers the monetary authorities and other central government but excludes social security. It uses current market exchange rates to value non-dollar assets and liabilities, while securities and gold are valued at market prices.
