KM Financial Solutions | Nippon Life: lower insurance rate gives it leeway to buy JGBs
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Nippon Life: lower insurance rate gives it leeway to buy JGBs

Nippon Life: lower insurance rate gives it leeway to buy JGBs

TOKYO, April 5 (Reuters) – Nippon Life Insurance Co
said it will resume buying some Japanese government
bonds (JGBs) after the insurer effectively shunned them more
than two years ago when their yields became too low to meet
obligations to policy holders.

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