Japan's Dai-ichi Life to keep unhedged foreign bonds steady in Oct-March

Reuters

TOKYO, Oct 30 (Reuters) - Japan's Dai-ichi Life Insurance plans to maintain the size of its foreign bondsinvestment without currency hedging steady in the six months toMarch, a senior official said on Wednesday.

Japan's second private largest life insurer with totalassets of 35.7 trillion yen ($364 billion) also said its yenbond portfolio is likely to increase in October-March but addedthat its stance will depend on their yield levels.

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