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In a surprise decision, the Bank of Japan announced it would start to gradually sell its ETF holdings. The central bank plans to shrink its portfolio by ¥620 billion ($4.2 billion) per year. To emphasise how gradual of a pace that is, Governor Ueda recounted that “it would take more than 100 years” to fully unwind the central bank’s ETF holdings.
Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more
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