BOJ sets ETF sale pace at 860 billion yen a year

The Bank of Japan announced it will sell approximately 860 billion yen ($5.45 billion) worth of exchange-traded funds (ETFs) annually, based on their book value, according to a Friday statement. This marked increase in the ETF sale pace aims to accelerate the process. The central bank intends to sell holdings equivalent to about 0.1% of the market's trading value.

As the value of ETFs continues to grow within the stock market, the sales will now take around 43 years to complete, a significant reduction from the previous estimate of 112 years. This adjustment will commence from January 2027.