Core Viewpoint - The Bank of Japan (BOJ) plans to sell approximately 3.3 trillion yen worth of ETFs annually, indicating a commitment to tightening monetary policy despite not raising interest rates at the recent meeting. The current pace suggests it would take 113 years to completely divest its holdings [1] Group 1: Bank of Japan's Actions - The BOJ has held 37 trillion yen in ETFs, which represents 3.5% of the total market capitalization of the Tokyo Stock Exchange [1] - The BOJ began purchasing Japanese stocks significantly in 2013 to support Abenomics and ceased these purchases only at the beginning of the interest rate hike cycle in early 2024 [1] - At its peak in 2020, the BOJ's holdings accounted for nearly 6% of the total market capitalization of Japanese stocks, with the recent decline in share percentage attributed to the rise in Japanese stock prices over the past two years [1] Group 2: Market Impact - The BOJ is now one of the top shareholders in over 200 companies within the Nikkei 225 index, highlighting its significant influence on the Japanese stock market [1]
能印钱绝不赚钱，日本央行只是在假装收紧货币
Sou Hu Cai Jing·2025-09-26 06:54