JPMorgan Joins Samurai Boom With Biggest Sale Since October
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JPMorgan Chase & Co., the biggest U.S. lender, raised 105.6 billion yen ($1.1 billion) in the largest sale of Samurai bonds since October as overseas borrowers flock to a market flush with stimulus cash.
The four-part offering includes 51.5 billion yen of 0.462 percent three-year bonds priced to yield 10 basis points more than the yen swap rate, and 27 billion yen of 2018 notes at a spread of 14 basis points, according to data compiled by Bloomberg. The New York-based lender also sold 10-year fixed-rate and three-year floating-rate debt, the data show.