TOKYO, Oct. 7 (Xinhua) -- Japan's foreign exchange reserves rose for the second consecutive month in September, boosted by higher gold prices and a rebound in the market value of U.S. Treasury holdings, the Finance Ministry said on Tuesday.
The reserves stood at 1.3412 trillion U.S. dollars at the end of September, up 17 billion dollars, or 1.3 percent, from the previous month.
Securities such as foreign bonds, which make up the bulk of the reserves, totaled 987.9 billion dollars, up 6.5 billion dollars from August.
The yield on the benchmark 10-year U.S. Treasury fell to 4.151 percent at the end of September from 4.230 percent a month earlier, raising the valuation of Japan's holdings.
The market value of gold holdings climbed by 10.7 billion dollars to 104 billion dollars, as the gold price jumped 11.6 percent over the month to 3,825.30 dollars per troy ounce.
Deposits held with foreign central banks and the Bank for International Settlements (BIS) edged down 200 million dollars to 160.8 billion dollars. ■
