BOJ Completes Sales of Stocks Bought during Financial Crises

HEADLINES

Tokyo, July 14 (Jiji Press)–The Bank of Japan has completed the sale of stocks acquired from domestic financial institutions during past financial crises, it was learned Monday. The Japanese central bank had bought shares held by private financial institutions since 2002, in a bid to stabilize the financial system. Its stock holdings topped 2 trillion yen at one point on a book value basis…

Tokyo, July 14 (Jiji Press)–The Bank of Japan has completed the sale of stocks acquired from domestic financial institutions during past financial crises, it was learned Monday. The Japanese central bank had bought shares held by private financial institutions since 2002, in a bid to stabilize the financial system. Its stock holdings topped 2 trillion yen at one point on a book value basis…