Foreign issuers prove a strong draw in Japan

Headline: Foreign issuers prove a strong draw in JapanSource: EuromoneyDate: September 2001Author: Jonathan Brown Despite the dire state of the Japanese economy, yen-denominated issues have maintained their popularity, providing borrowers useful diversity and a domestic investor base hungry for yield.         Stefano Ghersi In Japan the economy continues to sink towards recession, […]

Headline: Foreign issuers prove a strong draw in Japan
Source: Euromoney
Date: September 2001
Author: Jonathan Brown

Despite the dire state of the Japanese economy, yen-denominated issues have maintained their popularity, providing borrowers useful diversity and a domestic investor base hungry for yield.

       
Stefano Ghersi
In Japan the economy continues to sink towards recession, banks struggle under the weight of bad debts and companies edge towards painful restructuring. Yet the primary market for yen-denominated bonds, both samurai and Euroyen, is still in rude health.






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