November 17, 2016 / 6:50 AM / 3 years ago

Taiwan asks local insurers to consider buying long-term govt bonds - sources

TAIPEI, Nov 17 (Reuters) - Taiwan’s Financial Supervisory Commission (FSC) is asking local insurers to actively evaluate the possibility of buying long-term government bonds, subject to their capital allocation, two people with direct knowledge of the request said on Thursday.

The move comes before the government holds a 30-year bond auction next week.

FSC officials were not immediately available for comment. (Reporting by Emily Chan; Writing by Faith Hung; Editing by Richard Borsuk)

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