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Market turbulence boosts Samurai bonds

Japan benefits from global turmoil sparked by last month’s quantitative easing comments from Federal Reserve chairman Ben Bernanke

Japan’s Samurai bond market was deathly quiet during the first quarter, but the effects of economic stimulation policies known as Abenomics and recent volatility in bond markets elsewhere brought this niche market back to life.

With the exception of two Korean banks that issued $665 million in January, there was no issuance at all in the first quarter, despite $1.8 trillion worth of bonds issued globally in those three months.

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