Surapong endorses largest-ever samurai bonds

Deputy Prime Minister and Finance Minister Surapong Suebwonglee on Thursday approved in principle the kingdom's largest-ever "samurai bond" issue in Japan, seeking to raise 55 billion yen.

The issue was proposed by the Public Debt Management Office to refinance the loan from Japan Bank for International Cooperation (JBIC), coming due in May.

In a statement from the Finance Ministry, it said while Daiwa Securities SMBC will be lead manager, Sumitomo Mitsui Banking Corporation (SMBC) will be the fiscal agent.

The maturity would be three, five and seven years.

- The Nation

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Surapong endorses largest-ever samurai bonds

Deputy Prime Minister and Finance Minister Surapong Suebwonglee on Thursday approved in principle the kingdom's largest-ever "samurai bond" issue in Japan, seeking to raise 55 billion yen.

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