Financial Times FT.com

EDF's Y110bn samurai bond sale lifts Japanese confidence

By Lindsay Whipp in Tokyo

Published: July 4 2009 03:00 | Last updated: July 4 2009 03:00

Japan's samurai bond market showed further signs of rejuvenation yesterday as EDF of France became the first non-financial company to sell such bonds since the collapse of Lehman Brothers last September.

The power producer sold Y110.4bn ($1.15bn) in samurai bonds - yen-denominated debt issued in Japan by a foreign entity - with maturities ranging from three to seven years.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this