By combining an increase in the total size of the Program and the removal of the minimum bidding yield, the Bank believes that the effects of monetary easing will occur more powerfully.
As the current amount outstanding of the Program is about 60 trillion yen, hereafter, toward the scheduled amount of 80 trillion yen by the end of 2013, the Bank will accelerate its purchase schedule to further accumulate 20 trillion yen of financial assets.