The revival of the Samurai bond market following the Lehman Brothers collapse has continued with moves by a second Australian bank in a week to tap the market.
The ANZ issue of samurais (yen bonds issued by foreign institutions to Japanese investors) comes on the tail of Westpac’s Y201.3bn issue on February 2. Westpac’s was the first such issue since the collapse of Lehman in September, which effectively shut down the market for nearly five months.
