Japan's Dai-ichi Life to keep unhedged foreign bonds steady in Oct-March
TOKYO Oct 30 (Reuters) - Japan's Dai-ichi Life Insurance plans to maintain the size of its foreign bonds investment without currency hedging steady in the six months to March, a senior official said on Wednesday.
Japan's second private largest life insurer with total assets of 35.7 trillion yen ($364 billion) also said its yen bond portfolio is likely to increase in October-March but added that its stance will depend on their yield levels.
- Target holiday cyber breach hits 40 million payment cards
- Housing, jobs data weaken, but overall economic picture still upbeat
- UPDATE 3-Saab wins Brazil jet deal after NSA spying sours Boeing bid
- Zuckerberg to sell Facebook shares worth about $2.3 billion
- Special Report: Why Ukraine spurned the EU and embraced Russia