You are here

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

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...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes