Group 1 - Mizuho Financial Group is managing its securities portfolio "very conservatively" and is preparing for the next investment opportunity after reducing its bond holdings [1] - CEO Masahiro Kihara stated that the bank will not build large positions until it is certain that the Bank of Japan is unlikely to raise interest rates further [1] - As of March, Mizuho's holdings of Japanese government bonds decreased from 25.1 trillion yen three years ago to 8.3 trillion yen (approximately 57 billion USD) [1] - The bank's foreign bond holdings increased from 8.9 trillion yen to 11.8 trillion yen, but due to realized losses, they decreased compared to the previous year [1] - Mizuho's average remaining maturity for Japanese government bonds is one year, while for foreign bonds it is two years [1] - The bank plans to sell at least 350 billion yen of "strategic" holdings over the next three years ending March 2028 [1] Group 2 - Mizuho is unlikely to engage in transactions in the U.S. investment banking sector, having acquired Greenhill & Co. in 2023 [2] - The bank has accumulated sufficient products in the investment banking field and is not interested in traditional retail banking assets in Asia [2] - Despite potential impacts from U.S. tariff measures on profitability, Mizuho expects to achieve record profits again this year [2]
日债持仓三年缩水七成 瑞穗在保守策略中布局下一次投资良机
Zhi Tong Cai Jing·2025-05-20 09:16