Key facts
- Meiji Yasuda Life Insurance plans to double its Japanese government bond purchases.
- The increased purchases are planned for fiscal year 2026.
- The insurer aims to purchase over 2 trillion yen in JGBs.
- Meiji Yasuda Life views current 30-year JGB yields around 4% as an ideal buying opportunity.
Meiji Yasuda Life Insurance has announced plans to significantly increase its investment in Japanese government bonds (JGBs). For the fiscal year 2026, the insurer intends to double its JGB purchases, projecting a total acquisition of over 2 trillion yen. This strategic decision is underpinned by the current market conditions, specifically the yields offered on 30-year JGBs, which are hovering around the 4% mark. Meiji Yasuda Life views these yields as an ideal opportunity to enhance its portfolio. The company's increased focus on JGBs suggests a growing confidence in the stability and potential returns of this segment of the Japanese bond market.