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European banks lift Samurai bond sales to record levels

Yen debt deals this year is up 57% at 1.16t yen, driving total Samurai offerings to 2.4t yen


EUROPEAN lenders have lifted Samurai bond sales to an annual record, taking advantage of Japan's record low borrowing costs to broaden funding sources.

Yen debt sales by the banks have soared 57 per cent this year to 1.16 trillion yen (S$12.8 billion), helping drive total