Outline of Funding Program by Account
| General Account | Crisis Management Account | Financial Revitalization Account | Early Strengthening Account | Financial Functions Strengthening Account | Damage Recovery Distribution Account | ||
|---|---|---|---|---|---|---|---|
| Borrowings/Issue of DICJ Bonds |
|||||||
| Legal Base | Deposit Insurance Act. 42 I and II |
Deposit Insurance Act. 126 I |
Financial Revitalization Act. 65 I |
Early Strengthening Act.16 I |
Financial Functions Strengthening Act. 44 I |
Criminal Accounts Damage Recovery Act. 29 I |
|
| Ceiling | ¥19 trillion (Deposit Insurance Act Order for Enforcement2) |
¥17 trillion (Deposit Insurance Act Order for Enforcement29) |
¥3 trillion (Financial Revitalization Act, Order for Enforcement 13) |
— (Note) | ¥12 trillion (Financial Functions Strengthening Act, Order for Enforcement 33) |
¥390 million (Criminal Accounts Damage Recovery Act, Orderfor Enforcement 1) |
|
| Method (Source) | (1)Borrowings: • Financial institutions and others • Bank of Japan (2) DICJ bond issues |
(1)Borrowings: • Financial institutions and others • Bank of Japan (2) DICJ bond issues |
(1)Borrowings: • Financial institutions and others • Bank of Japan (2) DICJ bond issues |
(1)Borrowings: • Financial institutions and others • Bank of Japan (2) DICJ bond issues |
(1)Borrowings: • Financial institutions and others • Bank of Japan (2) DICJ bond issues |
Borrowings: Financial institutions and others |
|
| Spent on | • Insurance payment • Financial assistance • Purchase of deposits and other claims • Subscribing the capital to establish bridge banks • Loans, etc., to bridge banks • Loans to failed financial institutions • Others |
• Share subscription, etc., by the DICJ • Financial assistance to financial institutions underpublic management • Financial assistance to banks under special crisismanagement • Others |
• Asset purchase from financial institutions • Others |
• Loans to contracted banks for subscribing for shares,etc. • Loss compensation for contracted banks • Others |
• Loans to contracted banks for subscribing for sharesand others and for purchasing trust beneficiary rights, etc. (including thoseunder the former Organizational Restructuring Act) • Loss compensation for contracted banks, etc. • Others |
• Cost required for operation of the public notice andothers on the start of extinction procedures of claims related to depositsand others • Cost required for operation of the public notice andothers on the start of payment procedures of damage recovery benefitdistribution • Others |
|
| Government guarantee | |||||||
| Legal Base | Deposit Insurance Act 42-2 | Deposit Insurance Act 126 II | Financial Revitalization Act 66 | Early Strengthening Act 17 | Financial Functions Strengthening Act 45 | - |
|
| Appropriation in general provisions of budget in FY2012 | Within the limit approved by the Diet (¥19 trillion inthe budget for FY2012) | Within the limit approved by the Diet (¥17 trillion inthe budget for FY2012) | Within the limit approved by the Diet (¥3 trillion inthe budget for FY2012) | Within the limit approved by the Diet (Nil in thebudget for FY2012) | Within the limit approved by the Diet (¥12 trillion inthe budget for FY2012) | - |
|
| Note 1. | Regarding the legal base, Arabic numerals show the article number and Roman numerals show the paragraph number. |
| 2. | The provision stipulated the ceiling amount was deleted at the amendment of the Early Strengthening Account on April 1,2012,as the new borrowings from the Early Strengthening Account and the DICJ bond issues were not expected,etc. |
