Suntory Beverage & Food Limited
STBFY14.1900.25% ( -0.035 )
Delay Closed: Oct 1, 16:00:00 (EDT)Japanese bond yields soar, driving short-term financing as companies rush to issue bonds to lock in low costs
Zhitong·- This week, Japan's bond yields surged, prompting borrowers to see opportunities as higher rates attracted credit investors. - At least 10 issuers, including Kirin Holdings and Mitsui Fudosan, entered the market, issuing over 530 billion yen (approximately 3.7 billion USD) in bonds, primarily with maturities of 10 years or less. - Rising inflation and potential interest rate hikes by the Bank of Japan are encouraging issuers to act quickly, with many companies needing funds due to upcoming redemptions.