For the first time in over two years, an American financial institution will be offering Samurai Bonds, with JPMorgan (NYSE:JPM) ready to offer five-year bonds this month.
Samurai bonds are bonds denominated in yen and sold to Japanese institutional investors in Japan.
Some expect JPMorgan's return to the Samurai bond market to generate more interest in the bond, as Japanese investors have been looking for investment alternatives, as government debt is extremely low-yielding for them.
There is a strong demand for the bonds, which will probably start to enjoy an even stronger rebound with the entry of JPMorgan into the market again.
Raising capital in yen is easier in Japan because of the liquidity which accompanies their low interest rates.
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