samurai bond


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Related to samurai bond: Eurobond, Shogun bond, Euroyen bonds, Yankee Bond

samurai bond

n
(Stock Exchange) a bond issued in Japan and denominated in yen, available for purchase by nonresidents of Japan. Compare shogun bond
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The Export-Import Bank of India (Exim Bank), on August 29, 2019, successfully returned to the Samurai bond market with a dual-tranche JPY32 bn transaction consisting of three-year and five-year fixed-rate tranches.
Business daily The Malaysian Reserve (TMR) earlier quoted Japan's ambassador to Malaysia, Makio Miyagawa, as saying that Putrajaya and Tokyo were engaged in talks for a second Samurai bond issue after the success of the initial AY=200 billion (RM7.34 billion) 10-year secured bonds sold in March.
MEANWHILE, the samurai bond issuance of the Philippine government was triggered last week wherein the country was able to raise AY=92 billion or around $850 million bearing four tenor buckets: three, five, seven and 10 years.
Meanwhile, De Leon said the 92 billion yen multi-year Samurai bond offering of the country last week will be the last overseas borrowing of the Philippine government this year.
However, this year's samurai bond sale was smaller than last year's 154.2 billion yen sold across three tenors.
Last year's Samurai bond was "well received" by a good mix of institutional and regional investors, mostly were new to Philippine credit.
In addition to panda bonds, De Leon said the Philippines is also eyeing another samurai bond issuance in August, one year after the country made a comeback in the Japanese onshore market last year.
For Dominguez, 'participating in the panda and samurai bond markets, as well as exploring other debt securities markets in and outside of Asia, would help diversify the government's borrowing portfolio as it rolls out more of its 'Build, Build, Build' infrastructure projects'.
Global Banking News-November 27, 2014--India's Exim Bank to raise INR10bn from Samurai bond market
It may increase its Malaysian ringgit debt programme from 3 billion ringgit ($974 million) to 5 billion ringgit and raise its samurai bond programme from 40 billion yen ($442 million) to 150 billion yen.
Joining several CEE peers in looking to yield-hungry Japanese investors to help diversify its funding base, Turkey sold an JPY18.4bn ($200m) 20-year Samurai bond it announced on January 31, according to Dow Jones.The issue is the longest-dated debt the country has ever issued in the Japanese currency, and was priced to yield just 2.68%.
The so-called Samurai bond (yen-denominated debt sold by non-Japanese companies) was guaranteed by Japan Bank for International Cooperation (JBIC), White & Case said in an emailed statement.