Primer on Uridashi bonds

04 April 2014

 

  [private role='subscriber'] Uridashi bonds are sold directly to the Japanese retail investor market and are bonds that are denominated in high-yielding foreign currencies like the AUD. This gives investors a higher return than they would get in their home market where domestic interest rates are low. In March, Japanese demand for AUD Uridashi showed the best month for deals since June 2012. A total of $972m of deals settled...

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