Yen and HK$ fire as Japan enters its new financial year

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Yen and HK$ fire as Japan enters its new financial year

Commerzbank sold a ¥10bn ($109m) five year fixed rate note via UBS on Thursday as sales of MTNs in the currency picked up on account of the start of the new Japanese financial year. The par-priced note pays a 1.4% coupon.

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