At a press conference after a Cabinet meeting, Finance Minister Katayama Satsuki (片山さつき) referred to the Bank of Japan’s policy of using proceeds from ETF sales to finance government bond redemptions and said this would not affect the BOJ’s monetary policy decisions.
At a press conference after a Cabinet meeting, Finance Minister Katayama explained that the Bank of Japan had presented a policy of using proceeds from sales of exchange-traded funds (ETFs) to finance government bond redemptions.
Regarding the relationship between this policy and the BOJ’s monetary policy decisions, Finance Minister Katayama said there would be no impact and expressed the view that policy decisions would not be affected.
The article does not provide details such as the specific timing or amount of the use of ETF sale proceeds as a funding source.