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Mitsui overcomes rating threat with BOJ stimulus

Central bank's bond-buyingpushes down funding costs for firm
Tuesday, August 12, 2014 - 06:00

[TOKYO] The Bank of Japan's unprecedented stimulus has helped Mitsui OSK Lines overcome a junk rating threat as bond investors held onto the notes of the world's largest merchant shipping line. The extra yield over government debt that investors demand to own the company's 0.461 per cent bonds

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