Tue, Oct 2 2007, 00:03 GMT
http://www.djnewswires.com/eu
BOJ Sees October Money Market Has Y2.87T Shortage
TOKYO (Dow Jones)--Japan's money market faces a deficit of Y2.87 trillion in October, compared with the Y3.396 trillion shortage in October last year, according to forecast by the Bank of Japan released Tuesday.
The details of the forecast are as follows:
Oct. 2007 Oct. 2006 Change
Total -2,870.0 -3,396.0 526.0
Banknotes -300.0 -308.1 8.1
Treasury funds and others -2,570.0 -3,087.9 517.9
Net JGBs and TBs -8,350.0 -10,128.2 1,778.2
Net FBs -1,060.0 -1,136.8 76.8
Other items 6,840.0 8,177.1 -1,337.1
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.
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