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BOJ may switch from QE to project funding

It could start buying local govt and other bonds that fund infrastructure projects after its Sept meeting: analysts
Tuesday, August 30, 2016 - 05:50

Tokyo

FORGET helicopter money. The Bank of Japan (BOJ) might next target financing a bit closer to the ground - trains, hospitals, power plants and sewers.

That's the view of some analysts who say the central bank may start buying bonds of local governments and public corporations