Reported about 11 hours ago
The Bank of Japan (BOJ) has concluded its almost two-decade process of selling bank stocks acquired during past financial crises, with its holdings now down to zero. This milestone, achieved earlier than expected, refocuses attention on the larger matter of the BOJ's substantial exchange-traded fund (ETF) holdings. Analysts suggest that while ETF sales could commence in the coming years, it is important for the BOJ to carefully manage its exit strategy to avoid market disruption, as recent profits from ETFs have been beneficial for the bank's finances.
Source: YAHOO