✉news BusinessBanking first seen 2 d ago, last 1 d ago, peak #11
Japan signals hope of bigger surplus from BOJ ETF sales
Original: Japan's Katayama signals hope of bigger surplus from central bank's ETF sales
Japan's Finance Minister Katayama expressed hope that the sale of exchange-traded funds held by the Bank of Japan could generate a larger budget surplus. The central bank has been unwinding its massive ETF portfolio accumulated during years of aggressive monetary stimulus, and proceeds from those sales could flow back to government coffers, bolstering fiscal resources.
Why now: The Bank of Japan's unwinding of its ETF holdings has direct fiscal implications, making the finance minister's comments noteworthy for markets and budget watchers.
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