BOJ purchases ETFs over 2.5 trillion yen in three months March 31 19:32
In the three months since the Bank of Japan has purchased ETFs as a monetary easing measure while the financial markets are turbulent due to the spread of the new coronavirus infection, it has already reached 2.5 trillion yen in the first three months. It's up too. The pace of purchases has greatly exceeded last year, and the BOJ's aggressive purchasing stance has become clear.
The Bank of Japan is buying ETFs, which are made up of a number of stocks, as part of a major monetary easing.
The BOJ has decided at this month's monetary policy meeting to add monetary easing to double the ETF purchases to 12 trillion yen a year at a monetary policy meeting this month as the spread of the new coronavirus spreads the financial markets Was.
Before that, the BOJ's purchase of ETFs was roughly 70 billion yen per transaction, but after deciding on additional monetary easing, it began to buy over 200 billion yen on many days.
As a result, the total amount of ETFs purchased in the three months to 31st of this year totaled 2,576.4 billion yen.
Over the past year, it has accounted for about 60% of the amount purchased, and the Bank of Japan's aggressive purchasing attitude has become clearer as the financial markets are shaking.
The Tokyo Stock Market experienced a record drop in stock prices from late last month, but since late this month there has been an increase in repurchasing stocks that have fallen in price, and market participants have said that the Bank of Japan's large purchases of ETFs have led to a drop in stock prices. Some have pointed out that this has been one of the reasons for stopping the race.