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KM Financial Solutions | UPDATE 1-Sumitomo Life: to increase investment in non-dollar foreign bonds
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UPDATE 1-Sumitomo Life: to increase investment in non-dollar foreign bonds

24 Apr UPDATE 1-Sumitomo Life: to increase investment in non-dollar foreign bonds

Posted at 07:07h in News by
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TOKYO, April 25 (Reuters) – Sumitomo Life Insurance Co said
on Wednesday it plans to increase investment in foreign bonds
denominated in currencies other than the U.S. dollar for the
year started this month, given the rise in the cost of hedging
the greenback’s swings against the yen.

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