Nippon Life to Reduce Government Bond Holdings for First Time in Nine Years

The insurer plans to replace low-yield ultra-long bonds in its FY2025 second-half investment strategy, marking a notable shift in portfolio allocation.

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Terms & Concepts
  • Ultra-long bonds: Government or corporate bonds with maturities typically exceeding 20 years, offering fixed returns over extended periods.
  • Government bond holdings: The portion of an institution’s investment portfolio comprised of sovereign debt securities issued by a national government.