TOKYO -- Corporate bond maturities are rising in Japan as insurers and pension fund managers look to align their portfolios to some of the word's longest life spans.
A life insurer was among the main buyers of Japan's first 50-year corporate bond issued by Mitsubishi Estate in April. Policyholders in their 30s and 40s who take out insurance to tide them over financially to age 100 and beyond are providing fuel for corporate Japan's ultra long-term fundraising.
