Financial assets such as deposits and stocks held by individuals reached a record high of more than 1999 trillion yen as of the end of September.
Consumption was curbed and deposits increased due to the impact of the new Corona, and rising stock prices pushed up the value of financial assets.
According to the "Financial Circulation Statistics" released by the Bank of Japan every three months, financial assets such as deposits, stocks, and insurance held by individuals amounted to 1999,800 billion yen as of the end of September.
It was a record high, up 5.7% from the same period last year.
Of this amount, “cash and deposits,” which account for more than half of the total, increased 3.7% to 1072 trillion yen.
This summer, due to the spread of the new corona infection, a state of emergency was declared in Tokyo and Osaka, and it is believed that savings increased as consumption of travel and food and drink was curtailed.
In addition, due to the rise in stock prices,
▽ "stocks, etc." increased by 28.6% to 218 trillion yen, and
▽ "investment trusts" managed by stocks and bonds increased by 24% to 90 trillion yen.
On the other hand, as of the end of September, the outstanding amount of government bonds issued was 1219 trillion yen, of which 44%, or 538 trillion yen, was held by the Bank of Japan.