BOJ to accelerate ETF sales, more than doubling pace from January

What happened: The Bank of Japan decided to more than double its annual sales of ETFs it accumulated through years of aggressive easing, starting from January. Key numbers: BOJ held ETFs with a book value of $228.3 billion as of Oct. 20. The faster pace would unwind its holdings in 43 years rather than 112. Why it matters: The decision accelerates the unwinding of a portfolio built during years of aggressive easing, shortening the timeline for exiting those holdings. Coverage: 3 outlets in 24h

The Bank of Japan decided to more than double its annual sales of ETFs it accumulated through years of aggressive easing, starting from January.

The decision accelerates the unwinding of a portfolio built during years of aggressive easing, shortening the timeline for exiting those holdings.