Japan post says it will not harm its JGB portfolio by changing stance via ForexLive

Headline out a little earlier but now with some detail on its decision not to reduce JGB holdings

• a significant change would hurt the company by impacting on the JGB market

The company's banking unit held around JPY 121.2 trln  in JGBs at the end of June. Insurance unit held JPY 50 trln. In total that's around 60% of total assets

So I guess they'll be keeping a close on GPIF and any plans the govt may have to shift their porfolio more into stocks

posted via ForexLive