Japanese companies issued ¥1 trillion worth of convertible bonds in the first half of the year, the highest amount since 2004.
Japanese companies issued ¥1 trillion worth of convertible bonds in the first half of the year, the highest amount since 2004.
The total equals $6.2 billion and reflects renewed interest in convertible bonds as interest rates continue to rise.
The development highlights recent trends in the Japanese economy.
Japan's Finance Ministry spent a record ¥11.73 trillion intervening in foreign exchange markets to support the yen during the month ending May 27.
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