The Undersecretariat of Treasury has authorized banks to issue Japanese Yen bonds to cover the dollar and euro borrowings previously made, this time with Japanese Yen-denominated bond issues. "The Undersecretariat of Treasury has authorized Daiwa Securities, Mizuho Securities and SMBC Nikko Securities to investigate the possibility of issuing bonds in the Japanese Yen market in the framework of the 2017 foreign financing program," the Treasury said in a written statement. The Treasury borrowed $ 1.75 billion in bond issues in international markets last September, so the borrowing from foreign markets this year amounted to $ 9.1 billion.
JAPANESE HOUSEHOLD PARENTS MONEY IS ON TARGET
Recently, Japanese individual investors are demanding Turkish deposits through Uridashi, the currency market bond market in Japan. Japanese housewives who favored Brazilian treasures in the next three years from 2012 have been to Turkey in recent months.
As will be recalled, the Treasury authorized the same three institutions in the third export of Samurai bonds in 2014, with a 10-year maturity of 1.0 billion yen, with a yield of 100 billion yen and a coupon rate of 29 basis points over a 10-year yen swap rate. Samurai tahviller will be exported to the framework of the 2017 external financing program.