BOJ ETF purchase of over 100 billion yen, totaling over 500 billion yen this month March 18 at 18:43
The Bank of Japan announced on February 12 that it has invested more than ¥ 100 billion to buy an ETF, an exchange-traded fund that collectively creates a large number of stocks in order to curb the turmoil in the financial markets. Total purchases this month exceeded 500 billion yen.
In order to stabilize the financial markets that have been upset by the spread of the new coronavirus, the Bank of Japan has announced a policy of providing extraordinary talks and providing ample funding to the market on February 2 this month.
After this talk, the BOJ increased its purchase amount of ETFs, which it is pursuing as one of the monetary easing measures, to a record 100 billion yen per transaction, and purchased on the 12th.
This is the fifth purchase of ETFs since we started talking on the 2nd, and we have invested a total of over 500 billion yen in the market.
On the 12th, the Tokyo Stock Market renewed the Nikkei Stock Average's lowest for two consecutive days, and the price decline temporarily exceeded 1,000 yen.
It seems that the purchase on the 12th was aimed at suppressing market fluctuations.
The Bank of Japan's Governor Kuroda has talked with Prime Minister Abe today about financial market conditions, etc., pays close attention to the market conditions, and renews his view that he will make every effort to respond.