Nippon Life: lower insurance rate gives it leeway to buy JGBs
03 Apr Nippon Life: lower insurance rate gives it leeway to buy JGBs
Posted at 15:00h
in
News
by KMFSLLP
TOKYO, April 5 (Reuters) – Nippon Life Insurance Co
said it will resume buying some Japanese government
bonds (JGBs) after the insurer effectively shunned them more
than two years ago when their yields became too low to meet
obligations to policy holders.
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