BOJ's Kuroda: Premature to reveal its options on fate of ETF holdings

Bank of Japan Governor Haruhiko Kuroda said on Tuesday it was too early now to reveal how the central bank could unload its holdings of exchange-traded funds (ETF).

Once the BOJ's 2% inflation target is met, the board will likely debate the fate of the bank's ETF holdings as part of its exit strategy from ultra-loose policy, Kuroda told parliament.

If the BOJ were to sell ETFs to the market, it will do so in a way that minimises the bank's losses and avoids disrupting financial markets, he said.