Asset Purchase Program (Invalid)

• Introduction or Modification of Schemes of Operations
• Operations Conducted through the Asset Purchase Program

A program established on the Bank's balance sheet through which the Bank purchases various financial assets and conducts the fixed-rate funds-supplying operation against pooled collateral, with the aim of encouraging a decline in longer-term market interest rates and a reduction in various risk premiums to further enhance monetary easing.

• Principal Terms and Conditions for the Asset Purchase Program
• Principal Terms and Conditions for Outright Purchases of Japanese Government Bonds and Treasury Discount Bills Conducted through the Asset Purchase Program
• Principal Terms and Conditions for Outright Purchases of CP and Corporate Bonds Conducted through the Asset Purchase Program
• Principal Terms and Conditions for Funds-Supplying Operations against Pooled Collateral Conducted through the Asset Purchase Program
• Principal Terms and Conditions for Purchases of ETFs and J-REITs Conducted through the Asset Purchase Program

Introduction or Modification of Schemes of Operations

Table : Introduction or Modification of Schemes of Operations

Date	Releases
Apr. 4, 2013	Establishment and Abolishment of Principal Terms and Conditions in accordance with the Introduction of the "Quantitative and Qualitative Monetary Easing" [PDF 94KB]
Apr. 4, 2013	Introduction of the "Quantitative and Qualitative Monetary Easing" (Announced at 1:40 p.m.) [PDF 154KB]
Mar. 29, 2013	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 14KB]
Feb. 28, 2013	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 14KB]
Jan. 31, 2013	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 14KB]
Jan. 22, 2013	Amendment to "Principal Terms and Conditions for the Asset Purchase Program" [PDF 40KB]
Jan. 22, 2013	Introduction of the "Price Stability Target" and the "Open-Ended Asset Purchasing Method" (Announced at 12:47 p.m.) [PDF 72KB]
Dec. 28, 2012	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 14KB]
Dec. 20, 2012	Amendment to "Principal Terms and Conditions for the Asset Purchase Program" [PDF 32KB]
Dec. 20, 2012	Enhancement of Monetary Easing (Announced at 1:01 p.m.) [PDF 113KB]
Nov. 30, 2012	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 14KB]
Oct. 31, 2012	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 14KB]
Oct. 30, 2012	Amendment to "Principal Terms and Conditions for the Asset Purchase Program" [PDF 37KB]
Oct. 30, 2012	Enhancement of Monetary Easing (Announced at 2:46 p.m.) [PDF 89KB]
Sept. 28, 2012	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 14KB]
Sept. 19, 2012	Amendment to "Principal Terms and Conditions for the Asset Purchase Program" [PDF 39KB]
Sept. 19, 2012	Enhancement of Monetary Easing (Announced at 12:44 p.m.) [PDF 86KB]
Aug. 31, 2012	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 14KB]
July 31, 2012	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 14KB]
July 12, 2012	Amendment to "Principal Terms and Conditions for the Asset Purchase Program" [PDF 40KB]
July 12, 2012	Statement on Monetary Policy (Announced at 12:51 p.m.) [PDF 101KB]
June 29, 2012	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 13KB]
May 31, 2012	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 14KB]
Apr. 27, 2012	Amendment to "Principal Terms and Conditions for the Asset Purchase Program" [PDF 38KB]
Apr. 27, 2012	Enhancement of Monetary Easing (Announced at 12:46 p.m.) [PDF 67KB]
Apr. 25, 2012	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 14KB]
Mar. 30, 2012	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 14KB]
Feb. 29, 2012	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 25KB]
Feb. 14, 2012	Amendment to "Principal Terms and Conditions for the Asset Purchase Program" [PDF 31KB]
Jan. 31, 2012	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 14KB]
Dec. 29, 2011	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 13KB]
Nov. 30, 2011	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 14KB]
Oct. 31, 2011	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 26KB]
Oct. 27, 2011	Amendment to "Principal Terms and Conditions for the Asset Purchase Program" [PDF 32KB]
Sept. 30, 2011	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 14KB]
Aug. 31, 2011	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 25KB]
Aug. 4, 2011	Amendment to "Principal Terms and Conditions for the Asset Purchase Program" [PDF 27KB]
July 29, 2011	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 13KB]
June 30, 2011	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 13KB]
May 31, 2011	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 14KB]
Apr. 25, 2011	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 13KB]
Mar. 16, 2011	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 47KB]
Mar. 14, 2011	Amendment to "Principal Terms and Conditions for the Asset Purchase Program" [PDF 27KB]
Mar. 14, 2011	Enhancement of Monetary Easing (Announced at 2:48 p.m.) [PDF 22KB]
Feb. 4, 2011	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 53KB]
Dec. 14, 2010	Announcement on Purchases of ETFs and J-REITs Conducted through the Asset Purchase Program [PDF 28KB]
Nov. 5, 2010	Schedules of Outright Purchases of CP and Corporate Bonds (Asset Purchase Program) [PDF 30KB]
Nov. 5, 2010	Establishment of "Principal Terms and Conditions for Purchases of ETFs and J-REITs Conducted through the Asset Purchase Program" [PDF 19KB]
Oct. 28, 2010	Establishment of "Principal Terms and Conditions for the Asset Purchase Program" [PDF 29KB]
Oct. 28, 2010	Statement on Monetary Policy (Policy unchanged, Establishment of the Asset Purchase Program, Announced at 1:31 p.m.) [PDF 53KB]
Oct. 5, 2010	Comprehensive Monetary Easing (Announced at 1:38 p.m.) [PDF 47KB]

Operations Conducted through the Asset Purchase Program

1. Amount Outstanding of Operations Conducted through the Asset Purchase Program

• Amount Outstanding of Operations Conducted through the Asset Purchase Program [PDF 67KB]

Source: Bank of Japan, "Monetary Base and the Bank of Japan's Transactions."

2. JGBs and Treasury Discount Bills Purchased through the Asset Purchase Program

• JGBs Purchased through the Asset Purchase Program [PDF 62KB]

Source: Bank of Japan, "Japanese Government Bonds Held by the Bank of Japan."

• Treasury Discount Bills Purchased through the Asset Purchase Program [PDF 83KB]

Source: Bank of Japan, "T-Bills Purchased by the Bank of Japan."

3. Operations Conducted through the Asset Purchase Program

Asset Purchases

• Fiscal 2012 [PDF 194KB]
• Fiscal 2011 [PDF 135KB]
• Fiscal 2010 [PDF 88KB]

Funds-Supplying Operations against Pooled Collateral

• Fiscal 2012 [PDF 176KB]
• Fiscal 2011 [PDF 128KB]
• Fiscal 2010 [PDF 90KB]

Source: Bank of Japan, "Money Market Operations Conducted by the Bank of Japan (Monthly)," "Money Market Operations Conducted by the Bank of Japan (Daily)."