Bank of Japan ETF Purchase Amount Low Level for The first Time in 4 Years

The Bank of Japan announced on April 4 that it has purchased an exchange-traded fund (ETF) linked to a stock index of 50.1 billion yen. It was reduced from 70.1 billion yen last time (December 30, 2020), and the daily purchase amount was the smallest in 4 years and 5 months since August 2016. The purchase amount of real estate investment trusts (REITs) was 900 million yen, down from 1.2 billion yen last time (December 29).

The Bank of Japan is buying ETFs and REITs as part of a large-scale monetary easing policy. Infection with new coronavirus …

From the market, “The Nikkei average has been steadily recovering to the 27,000 yen level, and some market participants are skeptical about the BOJ’s ETF buying. As stock prices continue to rise, the BOJ It seems that I have begun to review how to buy ETFs. “( Shingo Ide, Chief Equity Strategist, Nikkei 225 Research Institute) was heard.

However, the Nikkei average has already recovered to the 27,000 yen level at the end of December last year, and the reason is “whether you decided to reduce the amount this year or what criteria you used to decide the purchase amount. I don’t know, the policy is unclear, “said Mr. Ide. The BOJ’s ETF buying is likely to continue to attract market interest.

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