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【环球财经】日本央行决定维持利率不变 通过出售资产缩减宽松规模
Xin Hua Cai Jing·2025-09-19 08:01

Core Points - The Bank of Japan (BOJ) has decided to maintain its current interest rate at around 0.5% and plans to sell its financial assets in the market to further reduce its monetary easing measures and normalize its monetary policy [1][2] - The BOJ plans to sell approximately 330 billion yen worth of ETFs and 5 billion yen worth of REITs annually, with the timing of these sales yet to be determined [1] - The market has been closely monitoring how the BOJ will manage its substantial holdings of financial assets, which include ETFs valued at approximately 37 trillion yen and REITs valued at around 6.5 trillion yen [2] Summary by Category Monetary Policy - The BOJ is maintaining its policy interest rate at around 0.5% and is preparing to sell its holdings of ETFs and REITs to reduce monetary easing [1] - The sales of financial assets are part of the BOJ's strategy to normalize its monetary policy after extensive easing during the COVID-19 pandemic [1] Financial Assets - The current market value of the 330 billion yen worth of ETFs is approximately 620 billion yen, while the total market value of the BOJ's ETF holdings is around 70 trillion yen [2] - The BOJ's REIT holdings have a book value of 650 billion yen and a market value of about 700 billion yen [2]