Exclusive: Japan's GPIF to allow investing up to 31% in foreign bonds, sources say
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TOKYO (Reuters) - Japan's Government Pension Investment Fund (GPIF), the world's largest pension fund, will allow investing up to 31% in foreign bonds by widening permissible range of deviation from the allocation target, two sources familiar with the matter said.The GPIF will raise its foreign bond allocation target to 25% from 15% in its new portfolio which the fund is due to disclose later this month, Reuters previously reported.The range of deviation in foreign bonds will be extended to 6%..