Issuers unleash Samurai bonds as yen market beckons
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Issuers unleash Samurai bonds as yen market beckons

Samurai stands with a sword in his hands against the backdrop of a sunny sunset. Japanese landscape.

Samurai bonds have had a strong year so far as international issuers flock to the Japanese yen market for its relative stability and diversification option. The outlook is positive too — but borrowers will have to contend with increasingly cautious investors, writes Manju Dalal.

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