Reuters/David MercadoHere is what you need to know.
The Bank of Japan said its buying more ETFs. At Friday’s meeting, the Bank of Japan kept the size of its quantitative easing program unchanged at around ¥80 trillion per year, but said it would increase its ETF ad REIT purchases and extended the maturities on its bond purchases. The BOJ will “purchase exchange-traded funds (ETF’s) and Japan real estate investment trusts (J-Reits) so that their amounts outstanding will increase at annual paces of about 3 trillion yen and about 3.2 trillion yen respectively.” In addition, the central bank will extend the maturities …read more
Source: Business Insider
