The Bank of Japan voted 8–1 on October 30 to guide the overnight call rate around 1.25%. It also unanimously agreed to increase annual ETF sales from about 330 billion yen to about 860 billion yen on a book value basis, starting in January 2027. Takata Hajime preferred a rate around 1.5%. The Bank said ETF sales may be adjusted or suspended as financial conditions change; J-REIT sales will retain their existing pace.
Related currencies / asset groups: JPY
The Bank of Japan voted 8–1 to guide the uncollateralized overnight call rate around 1.25 percent.
Bank of JapanThe Bank unanimously decided to raise annual ETF sales from about 330 billion yen to about 860 billion yen on a book value basis, with the change implemented in January 2027.
Bank of JapanTakata Hajime proposed a call-rate guideline around 1.5 percent; the proposal was defeated.
Bank of JapanLimitation: ETF sales may be temporarily adjusted or suspended in response to financial market conditions.
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