Japanese buy yen-based foreign bonds at record rates, cutting currency risks
Article Abstract:
Japanese investors are again buying record amounts of yen-denominated foreign bonds. Government figures revealed that investors purchased $20.2 billion worth of foreign bonds in Jun. 1995 alone. Of these around 50% were Euroyen bonds, which are yen-based bonds issued in European markets. Investors' preference for such instruments can be attributed to their higher yields and the protection they provide from risks associated with currency fluctuations, which are being shifted to foreign borrowers.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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Government bonds in Japan are seen open to decline
Article Abstract:
The government bond market in Japan is starting to worry observers. They claim that it is increasingly looking like the Swedish market in 1994 and the Mexican market in 1995, which culminated in disasters in the two countries. The Japanese government is releasing an excessive number of bonds despite the fact that major investors are no longer interested in them and that even moderate indications of economic growth could disturb the market.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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