25 Mar 2015
BOJ's stock portfolio soars to 10 trillion yen
FXStreet (Bali) - Nikkei is reporting that BOJ's stock portfolio has surged to 10 trillion yen ($82.7 billion) in market value this month.
Key Quotes - Nikkei
"When it launched quantitative and qualitative easing back in April 2013, the BOJ decided to purchase an annual 1 trillion yen in exchange-traded funds linked to Japanese equities. Last October's additional easing boosted this to 3 trillion yen."
"The central bank's portfolio has a book value of around 5.7 trillion yen. But soaring share prices have lifted its market value past the 10 trillion yen mark -- nearly 2% of the tally for all Tokyo Stock Exchange shares."
"The figure makes the BOJ second only to the Government Pension Investment Fund, whose portfolio boasted a market value of 27 trillion yen as of December's end."
Key Quotes - Nikkei
"When it launched quantitative and qualitative easing back in April 2013, the BOJ decided to purchase an annual 1 trillion yen in exchange-traded funds linked to Japanese equities. Last October's additional easing boosted this to 3 trillion yen."
"The central bank's portfolio has a book value of around 5.7 trillion yen. But soaring share prices have lifted its market value past the 10 trillion yen mark -- nearly 2% of the tally for all Tokyo Stock Exchange shares."
"The figure makes the BOJ second only to the Government Pension Investment Fund, whose portfolio boasted a market value of 27 trillion yen as of December's end."