Japan's samurai-bond market likely to reopen soon

01/19/2009 | Financial Times (free content)

Japan's samurai-bond market abruptly closed after the collapse of Lehman Brothers in mid-September, but the market seems poised to reopen with credit markets apparently stabilising. Westpac Banking or Australia and New Zealand Banking Group, both Australian institutions, is expected to be the first to issue new samurai bonds, although the timing is unclear.

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