Bank of Japan Says Sales of Its ETF Holdings to Start Next Week

The Bank of Japan said it will start selling its holdings of exchange-traded funds on Monday, a project that may take more than a century if it proceeds at the currently planned pace.

The BOJ will start selling its holdings of ETFs and Real Estate Investment Trusts from next week, according to its statement Friday. The bank is set to unload the assets little by little to avoid roiling markets, as decided at a September policy board meeting.