Bank of Japan buys ETFs for first time in 6 months - disclosure

BY Reuters | ECONOMIC | 12/02/22 03:45 AM EST

TOKYO, Dec 2 (Reuters) - The Bank of Japan (BOJ) bought 70.1 billion yen ($523.37 million) of exchange-traded funds on Friday, stepping into the market for the first time in six months, the central bank data showed.

Japanese shares fell on Friday, with the broader Topix index slipping as much as 2%, a level that could trigger the central bank to step in the market, before closing down 1.64%.

The central bank bought 70.1 billion yen of ETFs on June 17. ($1 = 133.9400 yen) (Reporting by Tokyo bureau Editing by Raissa Kasolowsky)

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