October 15, 2015 / 7:03 AM / 2 years ago

Mitsui Life plans to increase foreign bonds by Y50-60 bln by March

TOKYO, Oct 15 (Reuters) - Mitsui Life Insurance, Japan's fifth-largest private life insurer, plans to increase its holdings of foreign bonds by 50 to 60 billion yen in the financial half year to March, a company executive said on Thursday.

Yoichiro Matsuta, head of the investment planning department at Mitsui, also told a news conference that the insurer plans to slightly increase its holdings of domestic stocks by March. (Reporting by Hideyuki Sano; Editing by Chris Gallagher)

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