Japan's Government Pension Investment Fund, Tokyo, issued a request for proposals Wednesday for international bond managers.
The announcement, which appeared on the ¥128.6 trillion ($1.24 trillion) GPIF's website, called for proposals from active and passive managers of global bonds, as well as first-time allocations to managers for active emerging markets debts, high yield and inflation-linked bonds.
Proposals are due at 3 p.m. Tokyo time on May 20. Tokihiko Shimizu, director of research, couldn't be reached for further details.
The GPIF had ¥13.6 trillion in international bonds as of Dec. 31.