The Bank of Japan's $2.5 Billion Plan to Buy Non-Existent ETFs

  • BOJ to purchase ETFs that pick companies based on capex
  • No such funds have been listed yet in Japanese market

Haruhiko Kuroda, governor of the Bank of Japan.

Photographer: Akio Kon/Bloomberg

Haruhiko Kuroda has a new plan. He’s going to buy $2.5 billion of something that doesn’t exist.

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