• in the next period to march 2014
  • future investment in yen bonds and ccy-hedged foreign bonds will depend on future yield levels
  • likely to increase its yen bond portfolio in oct-march
  • plans to maintain un-hedged foreign bond holdings steaday oct-march
  • increased both yen bonds and un-hedged foreign bonds in april-sept

The latest ,and second largest in terms of assets, of the Japanese life assurers to report and once again we’re seeing a cautious strategy re money going overseas, but increases noted.

USDJPY 98.19