European issuers dominate Samurai pipeline
Europeans – rather than Australians – have created a strong supply of yen-denominated bonds in 2013 as issuers play on investors’ appetite for both diversity and high-rated debt.
European issuers have issued more yen-denominated Samurai bonds than any other geography in 2013, marking a shift away from Australian supply as US dollar yields continue to tighten.Eight of the 13 Samurais sold in 2013 were issued by European names, while four were issued by South Koreans and ...
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