The Bank of Japan (BOJ) Governor Kuroda is on the wires now, via Reuters, making his scheduled appearance in the Japanese parliament in Tokyo.
Key Headlines:
BOJ is buying bonds to achieve price target.
Not buying bonds to finance government debt.
BOJ held 29tln yen of ETFs as of Sept 2018, which is 77.5% of Japan’s ETF market.
ETF buying not aimed at boosting stock prices.
BOJ buying may restrain big fluctuations in stock market.
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