Japan’s finance minister mulls purchase of BoJ’s ETF holdings
Analysts believe asset purchase programme is to stay for the time being
Japanese finance minister Shunichi Suzuki raised a few eyebrows when he suggested the government must explore whether it could buy the Bank of Japan’s huge holdings of exchange-traded funds (ETFs) at book value.
Suzuki made the remark on June 7, responding to a question in parliament. He was asked whether it would be possible to re-distribute the ETFs to young people after the government buys them from the BoJ at book value.
“The government must look into whether it’s permissible to buy [the
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