Japanese buoys sinking MTN sales

Asian investors, especially in Japan, are proving an important source of demand in an otherwise quiet market for Euro-MTNs. As dealers bemoan what appears an early start to the summer lull, Japanese investors are giving borrowers someone to sell to, with one investor particularly keen on Australian dollar deals. This week’s EuroWeek will have details on the deals Asians are buying and the dealers selling them, as well as a wrap of other market happenings.