Japan Post Insurance says to keep holdings of foreign bonds flat in FY2021/22

TOKYO, April 21 (Reuters) - Japan Post Insurance plans to keep its holdings of foreign bonds steady in the financial year through March and to reduce that of domestic fixed-income products, a top investment planning official said on Wednesday.

Japan Post Insurance, also known as Kampo, may reduce its investment in foreign bonds without currency hedge, as the company thinks the forex market remains volatile, the official also said. (Reporting by Hideyuki Sano; Editing by Ritsuko Ando)