Looking away from the magnifying glass
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Asia

Looking away from the magnifying glass

Japanese banks and corporations are blessed with a domestic bond market that offers among the cheapest funding rates in the world, and one that has only become cheaper as the Bank of Japan has unleashed a torrent of monetary easing. But they realise that a sensible funding strategy — and a long-term future for their businesses — means that turning to the overseas debt markets is becoming ever more necessary. Matthew Thomas reports.

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