Bloomberg News

Bank of Japan Buys 700 Million Yen of Japanese REITs

October 31, 2011

Oct. 31 (Bloomberg) -- The Bank of Japan purchased 700 million yen ($9 million) in Japanese real-estate investment trust units today, according to a statement on the central bank’s website.

The central bank began investing in exchange-traded funds and Japanese real-estate investment trusts in December as part of an asset-purchase program aimed at bolstering trading.

To contact the reporter on this story: Go Onomitsu in Tokyo at gonomitsu@bloomberg.net

To contact the editor responsible for this story: Gearoid Reidy at greidy1@bloomberg.net


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