#Latest news with #FrenchBankBloomberg3 days agoBusinessBloombergCredit Agricole Brings Back Floating Samurai Bonds After DecadeCredit Agricole SA is issuing floating-rate Samurai bonds for the first time in about a decade, as it draws strong demand from investors worried about rising Japanese government bond yields. The French bank priced a seven-tranche Samurai bond deal totaling ¥85 billion ($591 million) including a five-year floating-rate tranche that raised ¥26.9 billion, exceeding the ¥16.3 billion offered in the five-year fixed-rate tranche.
Bloomberg3 days agoBusinessBloombergCredit Agricole Brings Back Floating Samurai Bonds After DecadeCredit Agricole SA is issuing floating-rate Samurai bonds for the first time in about a decade, as it draws strong demand from investors worried about rising Japanese government bond yields. The French bank priced a seven-tranche Samurai bond deal totaling ¥85 billion ($591 million) including a five-year floating-rate tranche that raised ¥26.9 billion, exceeding the ¥16.3 billion offered in the five-year fixed-rate tranche.