Lloyds Sells ¥75 Billion Samurai Bonds as Japan Issuance Hits Highest Since 2015
Updated
Updated · Bloomberg · Jun 12
Lloyds Sells ¥75 Billion Samurai Bonds as Japan Issuance Hits Highest Since 2015
1 articles · Updated · Bloomberg · Jun 12
Summary
¥75 billion in yen-denominated bonds were sold by Lloyds Banking Group in Japan on Friday, marking the UK lender’s first Samurai offering in two years.
Strong demand from yield-seeking investors has helped draw foreign borrowers back to Japan’s domestic bond market, supporting the deal.
Samurai issuance has climbed to its highest level since fiscal 2015, underscoring a broader revival in Japan’s market for overseas issuers.