The Bank of Japan's total assets amount to more than ¥ 569 trillion due to large-scale monetary easing.
The Bank of Japan's large-scale monetary easing has been prolonged. As a result of continuing to buy government bonds and ETFs = listed investment trusts to supply a large amount of funds, the BOJ's total assets have reached a record high of over 569 trillion yen.
According to the interim financial results announced by the BOJ on April 27, from April to September, the total assets as of the end of September were 569 trillion 802.6 billion yen, an increase of more than 24 trillion yen compared to the same period last year. Japan's GDP = Japan's gross domestic product exceeds 540 trillion yen and continues to set a new record high.
This is because the Bank of Japan has failed to achieve the price increase rate of 2%, which is the target of the BOJ, and has continued a large-scale monetary easing policy to purchase ETFs = listed investment trusts that incorporate large amounts of government bonds and stocks. In particular, government bonds accounted for 80% of the total amount of 479,681 billion yen.
Also, the balance of ETFs was 27,049.4 billion yen, with the Bank of Japan holding over 4% of all shares of the companies listed on the first section of the Tokyo Stock Exchange as of the end of September. It can be seen that
As the global economy slows against the backdrop of trade disputes between the United States and China, the Bank of Japan will further strengthen its current large-scale monetary easing if necessary.
However, prospects for realizing the price target is not standing, when the monetary policy that is the unusual scale, how towards the normalization remains opaque.