TOKYO (Sept 15): HSBC Holdings Plc offered 181.8 billion yen (US$1.8 billion) in Japanese currency bonds Thursday in the biggest single sale by an issuer in the Samurai market since 2009, according to data compiled by Bloomberg. The London-based bank’s sale included 64.4 billion yen in 10-year notes priced at 1.207%, according to a statement from SMBC Nikko Securities Inc, a joint manager of the deal. French car-maker Renault SA also sold debt Thursday, offering 50 billion yen in three-year notes to bring total Samurai issuance in September to 276.8 billion yen, already the second-biggest month of sales this year. HSBC’s sale on Thursday also included 58.1 billion yen in five-year bonds at a yield of 0.45% and 59.3 billion yen in seven-year notes at 0.842%. The last time an overseas issuer undertook a bigger Samurai deal was in February 2009, when Westpac Banking Corp sold about 201 billion yen of Samurai debentures backed by the Australian government, data compiled by Bloomberg show.

Source: The Edge Markets September 15, 2016 07:18 UTC