Sunday, July 22, 2007

Japan state pension to cut corp bond buying -Nikkei

(Reuters) - The Nikkei said the GPIF, which manages about 82 trillion
yen of bonds and stocks, is likely to keep
corporate bond holdings at about 3 trillion to 4 trillion yen.




The GPIF intends to replace maturing corporate debt, which
means purchases would total about 400 billion yen a year -- less
than half the current amount, the report said this weekend.


Read more at Reuters.com Bonds News

No comments: