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Japan Marks Lowest-Ever Coupon on Corporate Bond in Toyota Sale.

Authors :
Flynn, Finbarr
Oh, Tesun
Source :
Bloomberg.com; 6/7/2016, pN.PAG-N.PAG, 1p
Publication Year :
2016

Abstract

A Toyota Motor Corp. unit sold yen bonds Tuesday with the lowest coupon ever for a Japanese company, reflecting the plunge in borrowing costs as the central bank pushes ahead with unprecedented monetary stimulus. Toyota, the world's largest automaker, last month sold 60 billion yen of debt including 20-year bonds paying a yield of 0.343 percent. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
140556422