Japan money stock data showed M2 grew 2.0 percent year on year in September 2026, the Bank of Japan said. The figures were preliminary.
M3 increased 1.2 percent, while broadly-defined liquidity, known as L, rose 4.3 percent. The figures measured changes from a year earlier in average amounts outstanding.
L included M3 and other components, including pecuniary trusts, investment trusts, government securities and foreign bonds. Pecuniary trusts recorded growth of 12.0 percent, while investment trusts grew 14.0 percent.
Government securities increased 19.5 percent and foreign bonds rose 5.8 percent. The investment trust figures covered cumulative net inflows into securities investment trusts and real estate investment trusts.
The release, issued on October 14, 2026, also noted revisions to figures from January 2026. Revised data were available through the Bank of Japan's Time-Series Data Search.
Source: Bank of Japan (official statement).