EFTA Document EFTA01461228

securities, buoying share prices and sending the yen downward. However, we have not put much emphasis on this point despite our consistent bearishness on the yen. Let us consider a simple calculation. Banks and securities brokers have competed fiercely to attract NISA accounts, and applications for 3.58m accounts had been received as of 1 October. The government expects this to grow to 15m accounts and Y2Strn (Y1.67m per person) in the seven years to 2020. Let us assume that relatively ac