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Aging Japan gives birth to first 50-year corporate bond

Insurers and pension fund managers buy Mitsubishi Estate's superlong debt

Older Japanese participate in an exercise event at a temple in Tokyo. Saving for retirement has become a hot-button issue in Japan ahead of this summer's parliamentary elections.   © Reuters

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.

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