Entities

Bank of Japan

Bank of Japan
BOJ
Central Bank
Japan

The Bank of Japan is the Central Bank of Japan

More About Bank of Japan

  • Has engaged on a massive asset purchase program since the 2008 Recession
  • Assets have eclipsed Japan's GDP in 2018
    • 65x+ Leverage
  • Asset purchases include both stocks and

BOJ Criticisms

  • It has purchased (and continues to purchase) so many assets that markets are manipulated and have no price discovery
    • On some days no 2, 5 or 10 year government bonds publicly trade (the bank buys/owns them all)