BANK OF JAPAN Keeps monetary policy steady, pledges to increase monetary base at annual pace of 80 trln Yen

To increase purchases of etfs

To create new programme to buy etfs

To extend average duration of JGB purchases to 7-12 years

Will buy etfs at annual pace of about 300 bln Yen under new programme in addition to current etf buying

To expand loan scheme aimed at firms with growth potential

To start selling stocks it purchased from financial institutions from April next year

Will purchase etfs composed of stocks issued by firms active in investment in capex, human resources

New etf programme will start with purchases of etfs that track jpx-nikkei index 400

Vote on etfs was 6 to 3

Extends growth lending facilities by 1 year

Bank of Japan keeps economic assessment unchanged