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本次日本央行如预期维持宽松基调,主要的资产购买政策延续,且主要专注在中小企业的特殊银行再融资也再度延长六个月,持续提供宽松融资环境。至于扩大购买的公司债部分,20兆总额度上限将于明年3月停止扩大购买,并在之后随着相关资产自然到期,回归疫情前的5兆日圆,这部分预期经过5年才逐渐回归(公司债资产到期期限),缩减影响较小,配合资产购买主力的日本公债(新增购买无上限)和ETF(一年新增购买上限12兆),日本央行资产负债表仍将持续扩张,宽松政策并未改变。 

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