Published:
Bank of Japan to buy $112.55b ETFs for COVID-hit firms
It will also create a loan programme to spur lending to COVID-hit firms.
The Bank of Japan (BOJ) has relaxed its monetary policy by promising to buy exchange-traded funds (ETFs) at double the current pace, reports Reuters.
It will “aggressively” purchase ETFs annually at around $112.55b (JPY12t), double the amount it had originally vowed.
It has also decided to create a new loan programme to extend one-year, zero-rate loans to spur lending to COVID-hit firms.
It will also allot $18.8b (JPY2t) for additional purchases of commercial paper and corporate bonds.
Here’s more from Reuters.
Photo courtesy of Wikimedia Commons.
![Lorem Ipsum [ABF 1]](https://cmg-qa.s3.ap-southeast-1.amazonaws.com/s3fs-public/styles/exclusive_featured_article/public/2025-03/a_hand_pointing_to_a_futuristic_technology_5b87c9d0e3_1.png.webp?itok=2w0y1WhS)
![Cross Domain [Manu + SBR + ABF + ABR + FMCG + HBR + ]](https://cmg-qa.s3.ap-southeast-1.amazonaws.com/s3fs-public/styles/exclusive_featured_article/public/2025-01/earth-3537401_1920_4.jpg.webp?itok=WaRpTJwE)
Read Here
Advertise
Sign Up
