Japan’s finance minister mulls purchase of BoJ’s ETF holdings

Analysts believe asset purchase programme is to stay for the time being

Bank of Japan
Bank of Japan

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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