7 Major Japanese Life Insurers to Boost Domestic Bond Investment

News from Japan

Economy

Oct 27, 2023 18:37 (JST)

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Tokyo,Oct 27 (Jiji Press)–Seven out of 10 major Japanese life insurance policy companies prepare to enhance their financial investments in domestic federal government bonds, according to their possession administration prepare for the 2nd fifty percent of financial 2023.

The 7 business, consisting of Nippon Life Insurance Co., will particularly boost financial investments in 20- to 40-year Japanese federal government bonds in the six-month duration via following March, because the increasing return on the standard 10-year JGB problem complying with the Bank of Japan’s training of its cap on the return to 1.0 pct.

Meanwhile,Japan Post Insurance Co and 2 various other insurers claimed their superior JGB holdings would certainly reduce as a result of redemptions.

Investment methods for international bonds …