Bank of Japan keeps its guideline at around 1.25% and raises its ETF sales pace

The Bank of Japan said "The Bank will encourage the uncollateralized overnight call rate to remain at around 1.25 percent." The vote was 8–1; board member Takata Hajime voted against and proposed a guideline of around 1.5 percent, and the proposal was defeated. The Bank said it will sell its ETF holdings at a pace of about 860 billion yen per year on a book value basis, up from about 330 billion yen; the statement said the change will be implemented in January 2027.