Politics
Japanese Investors Buy Most Domestic Government Bonds Since 2009
Key Points
Japanese Investors Buy Most Domestic Government Bonds Since 2009 Japanese investors’ purchases of domestic government bonds climbed to the highest in 17 years in the fiscal first half, a move that some analysts said reflected an attempt by pension funds to rebalance their portfolios. Net purchases totaled ¥18.8 trillion yen ($119 billion) in the six months ended Sept. 30, according to data released by the Japan Securities Dealers Association on Tuesday that was compiled by Bloomberg. Trust...
Japanese Investors Buy Most Domestic Government Bonds Since 2009
Japanese investors’ purchases of domestic government bonds climbed to the highest in 17 years in the fiscal first half, a move that some analysts said reflected an attempt by pension funds to rebalance their portfolios.
Net purchases totaled ¥18.8 trillion yen ($119 billion) in the six months ended Sept. 30, according to data released by the Japan Securities Dealers Association on Tuesday that was compiled by Bloomberg. Trust banks, which are often regarded as proxies for pension funds, accounted for almost half of the buying, while a third came from banks.