Latest news with #lifeinsurers
Reuters
27-05-2025
- Business
- Reuters
Japan to consider tweaking bond issuance plan, sources say
TOKYO, May 27 (Reuters) - Japan's Ministry of Finance (MOF) will consider tweaking the composition of its bond programme for the current fiscal year, which could involve trimming the issuance of super-long bonds, two sources told Reuters on Tuesday. The MOF will make a decision after holding discussions with market participants around mid- to late-June, the sources who had direct knowledge of the plan said. The plan comes amid recent rises in super-long bond yields to record levels, due largely to dwindling demand from traditional buyers like life insurers. If the MOF were to reduce issuance of 20-, 30- or 40-year Japanese government bonds (JGB), it would likely increase issuance of shorter-dated debt instead, the sources said. As such, the total planned size of JGB issuance for the current fiscal year that ends March 2026 will remain unchanged from 172.3 trillion yen ($1.21 trillion), they said. ($1 = 142.4000 yen)
Bloomberg
13-05-2025
- Business
- Bloomberg
Rising Yields Fray Nerves Going Into Japan's 30-Year Bond Sale
Traders are jittery going into Japan's auction of 30-year government bonds Tuesday for any signs of a deepening selloff in the securities. The ¥800 billion ($5.4 billion) offering comes as yields for that tenor climbed to the highest level in almost 25 years Monday, putting them in sight of an all-time high. That's further steepening the yield curve and raising long-term borrowing costs at a time when life insurers are limiting purchases because of volatility and other investors are fretting about Japan ramping up defense spending under pressure from the Trump administration.
