After the Bank of Japan's policy meeting, it was announced that the pace of ETF sales into the market would accelerate from 2027, but the response in equities and foreign exchange was limited.
The Bank of Japan announced the results of its monetary policy meeting on the 30th and kept the policy rate unchanged. Market participants said there were no particular surprises and that the market response was limited.
The Bank of Japan disclosed its policy of accelerating market sales of the exchange-traded funds (ETFs) it holds from 2027 onward. Annual sales on a book-value basis will increase from approximately ¥330 billion to approximately ¥860 billion.
The share of sales relative to total market trading value will rise from around 0.05% to around 0.1%. Despite these announcements, the Tokyo stock market's reaction on the 30th was limited.