In the aftermath of the BOJ’s announcement that it would almost double its ETF purchases to ¥6 trillion, or $58 billion, up from the current ¥3.3 trillion, we put this number in context. Over the next year, BoJ is scheduled to purchase ¥6t ($58b) in ETFs, and $116b over the next two years. By June of 2018, BoJ is likely to hold ¥20.5t ($200b) in ETFs.
Three ways to put BoJ’s purchases in perspective: