BOJ sets ETF sale pace at 860 billion yen a year
The Bank of Japan announced plans to sell approximately 860 billion yen worth of exchange-traded funds (ETFs) annually, based on their book value. This increased sales pace aims to accelerate the process of divesting the central bank's ETF holdings.
The Bank intends to sell its ETF assets at around 0.1% of their market trading value, as their overall value has been growing in the stock market. Previously, the Bank estimated that it would take about 112 years to complete the ETF sales. However, the revised plan will extend the process to approximately 43 years, commencing from January 2027.
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- BOJ sets ETF sale pace at 860 billion yen a year channelnewsasia.com
