The program is aimed at encouraging  BIS central bankers’ speeches  5  declines in longer-term interest rates and various risk premiums to foster more accommodative financial conditions for firms and households to raise sufficient funds at low interest rates.
The size of the Asset Purchase Program, which was set at about 35 trillion yen at the time of its establishment in October 2010, has successively been increased, and the amount outstanding of the program was about 65 trillion yen at the end of December 2012.