1.  Base money is the sum of total currency issued, reserve balances of banks, and reserve eligible for government securities.

2.  Reserve money is a major component of base money which is the sum of total currency issues, reserve balance of banks, and reserve eligible for government securities.

3.  The actual amount of base money was not available.

4.  Despite an expansion of base money by the Bank of Japan, bank lending remained anemic because Japanese companies were feeble, he said.

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