Japan's corporate debt sales expected to thrive in 2026.
Bankers anticipate strong yen-denominated corporate debt sales in 2026, following a record ¥16.5 trillion issuance in 2025.
Bankers are buzzing about another epic year for yen-denominated corporate debt from Japan after a record-breaking 2025. With rising yields and steadier conditions than government bonds, investors couldn’t resist snapping up a staggering ¥16.5 trillion ($105 billion) in corporate bonds last year—the highest since 1999. And guess what? Those same factors are lined up for buyers in 2026. Companies are in a crunch to boost capital spending, dive into overseas investments, and explore mergers and acquisitions. It’s looking like another blockbuster year ahead!
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