1. 市場金利等(1) Market Interest Rates (1 ... - boj.or.jp

1 13 2019/12/201. (1) Market Interest Rates (1) (Percent per annum) (e)Treasury discount billsEnd of period 180 1 month3 months6 SourcesJapan Bond Trading Co. Overnight +090 days to 179 daysBank of JapanUncollateralizedovernightCollateral izedovernight 90 (f) CP (d)Average yields onnewly issued domesticCP(a)Call Rates ( (b)(c) Japan SecuritiesDealers AssociationBank of Japan Tokyo repo rateAverage Interest rateson certificates ofdeposit (new issues) (a) 2006 12 2007 1 (b) 11 GC General Collateral 15 2012 3 S/N 2012 4 2018 4 T+1 2012 9 (c) 1999 3 (2002 3 31 ) (2004 3 8 ) (2011 12 26 ) (d)A-1 (e))

2 2009 1 (f) 2007 1 2009 1 FB 2019/12/20 141. (2) Market Interest Rates (2) (Percent per annum) (c)ICE LIBORJ apanese yen( dollar) Sources10 yearsQUICKQ uick years JBA TIBOR AdministrationICE BenchmarkAdministration TIBOR 3 months month3 months3 monthsTIBORT okyo interbank offered Rates (b) LIBOR EuroyenYen Interest rate swap (a)End of period (a) 11 365 360 2014 3 (b) 11 360 2014 1 (c)2000 8 2007 12 15 2019/12/201. (3) Market Interest Rates (3) (Percent per annum) (a) Newly issued government bond yieldsReference statistical prices [yields] for over-the-counter bond transactions ( (b)(c)Corporate bonds (4 years or more and less than 5 years)5 years10 years20 yearsAA A BBB Japan Bond Trading Securities Dealers Association(a) 3 (b) 3 (c) 3 4 5 Publicly-offered localgovernment bonds(10 years)Sources End of period2019/12/20 162.)

3 Stock Prices (a)End of periodTOPIXTOPIX futures closingNikkei 225 futuresclosing (times)(points)(yen)19991, ,71218,83020001, ,28313,76020011, ,02210, ,52020031, ,04510,71020041, ,14811,48020051, ,64416,05020061, ,68317,27020071, ,47015, , , , , ,43020131, ,31116,32020141, ,40717,36020151, ,54519,00020161, ,51719,09020171, ,81822,75020181, ,48419, , ,72222, , ,81924, , ,48419, , ,59421, , ,54921, , ,58921, , ,64121, , ,66822, , ,48419, , ,56820, , ,60621, , ,59421, , ,61522, , ,50620, , ,54921, , ,56621, , ,51020, , ,58921, , ,66922, , ,69723,290 (a) PER = 1 (b) 1998 2014 2 (c) 1999 Sources (b)(c) 225 TOPIX Tokyo Stock ExchangeOsaka Exchange Jan. 4, 1968 = 100 Price earnings ratio (PER)(TSE 1st Section) ( )17 2019/12/203.

4 (1) Foreign Exchange Rates (1)Spot rateEnd of period1 1 ,16011,15215, ,0599,02916, ,1288,55518, ,8668,95020, ,7788,49324, ,1288,73626, ,2178,99126, ,74610,05429, ,68812,65536, ,21412,69145, ,1478,94438, ,4989,08841, ,1219,49346, ,7168,63747, ,42712,42945, ,5689,30847, ,6088,17648, ,6259,29855, ,8038,33451, ,9147,53256, ,2987,05057, ,2866,14254, ,0616,71654, ,3396,68655, ,2777,09052, ,3726,30956, ,2066,47360, ,2996,06153, ,6797,61449, ,1656,77463, ,3216,03554, ,5307,24849, ,1656,69255, ,3797,04350, ,2887,53650, ,0125,32360, ,8557,32556, ,2496,27950, ,7395,10454, ,9645,59944,365 SourceBank of Japan (yen dollar)3 monthsSpotSwaps (percentage)(million ) (percent) Annual rate3 1 1 monthOption volatilityTurnover (average per business day)(c) Tokyo Market interbank Rates : dollar/Yen (d) (yen dollar) (b)(a)Spot-forward spread (3 months)(a) 17 (b) 15 30 360 1 360 - (c) 15 30 (d) 2019/12/20 183.

5 (2) Foreign Exchange Rates (2) End of periodEffective exchange rate index of the yen2010 = 1001 1 100 Yen per euroYen per poundYen per 100 Sources MUFG BankBISP ound sterlingKorean wonNominalRealEuro (b) (a)MUFG Bank exchange quotations 2010=100 (a) ( ) (b) 19 2019/12/204. (1) Deposit and Savings Rates (1) (Percent per annum)End of period Source 2007 9 2007 10 ( ) 2007 9 500 2007 10 ( 400 Bank of Japan Ordinary depositsInstallment savingsMinimum required million yenMinimum required million yen3 years Banks Savings deposits 2019/12/20 204.)

6 (2) Deposit and Savings Rates (2) (Percent per annum) TotalDeposits of10 million yen or moreDeposits of3 million yen or moreandless than 10 million yenDeposits of less than3 million yenPeriod 3 months or moreandless than 6 months3 months or moreandless than 6 months3 months or moreandless than 6 months3 months or moreandless than 6 months1 year or moreandless than 2 years 3 years or more andless than 4 SourceBank of Japan Banks Average Interest Rates on time deposits (new deposits) 1999 3 (2002 3 31 ) (2004 3 8 (2011 12 26 1993 10 18 21 2019/12/205. Lending Rates (Percent per annum) End of period(a) (d)Short-termloansLong-termloansShort-te rmloans anddiscountsLong-termloansShort-termloan s anddiscountsLong-termloansCity Sources 5 10 11 (e) Interest Rates onhousing loans Japan FinanceCorporationSmall andMediumEnterprise (SME) Unitkey Rates (5 years or less)Fiscal LoanFund depositsrate(10 years-lessthan 11 years) (4) Bank of Japan(1)(3) ( Prime lending Rates (principal banks)(1)(2) (b)Average contract Interest Rates on loans and discounts New loans and discounts Outstanding loans and billsdiscounted (c) (a) 5 1989 1 23 (b) 1999 3 (2002 3 31 ))))

7 (2004 3 8 2011 12 26 (c) 2011 5 (d) 1993 (e) 2001 3 7 (1) Financial Institutions(2) Mizuho Bank(3) Japan Finance Corporation (4) Ministry of Finance2019/12/20 226. Average Amounts Outstanding of Money Stock( (Percentage changes from the previous year) (g)Latest data (2)1, , , , , , SourcePeriod(a) ( ) ( ) Currency incirculationDepositmoneyQuasi-money(b)( 1)(1) Bank of Japan (c)(d) (e)(f) (1) ( ) Certificates ofdeposit (CDs) 1. 2. (a) (b) 2 (a) (c) (d) (e) (f) 3 (g) 3.))

8 ( 1 2 3 ) ( 83 ) 2 2 3 3 1 1 (1) Seasonally adjusted percent changes at an annualized rate from the previous period(2) Average amounts outstanding, trillion yen23 2019/12/207. (1) Principal Accounts (1) (billion yen, percentage changes from the previous year) AssetsLiabilitiesEnd ofperiod(a)1999468, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , SourceBank of Japan(1)(1) Domestically licensed banks Actualdeposits(1)Debentures Of which: Foreign securities(1)Loans andbillsdiscounted (1)(1) Of which: Central government securities Investmentsecurities 1.

9 1999 3 2002 3 31 2004 3 8 2011 12 26 1986 1986 12 2. (a) (1) Percentage changes from the previous year2019/12/20 247. (2) Principal Accounts (2) End of period Loans anddiscounts1999147, , ,7692000151, , ,6662001153, , ,2362002147, , ,6652003135, , ,8382004146, , ,2172005150, , ,4562006213, , ,7482007214, , ,8222008191, , ,0252009180, , ,8612010185, , ,0782011179, , ,6272012174, , ,5012013185, , ,3372014182, , ,5532015184, , ,3172016180, , ,3882017184, , ,4422018187, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , Sources(4) (100 million yen)After adjustments(billion yen)(1) (billion yen)(1) (2)(c)(d)(e)Bank of JapanOutstandingloans and billsdiscounted (a) Domestically licensed banks (concluded) ( Liabilities (concluded) (Reference) (b))

10 Trust principalNegotiablecertificates ofdeposits (3) (a) 1999 3 2002 3 31 2004 3 8 2011 12 26 1986 1986 12 (b) (c) 1986 12 (d) II (e) .. 1 2004 3 26 (1) Percentage changes from the previous year (3) Guarantee obligation outstanding activities of Credit Guarantee Corporations (2) Percentage changes in average amounts outstanding from the previous year (4) National Federation of Credit Guarantee Corporations25 2019/12/207.