The Samurai Bond Market

6 Pages Posted: 11 Jul 2007

See all articles by Frank Packer

Frank Packer

Bank for International Settlements (BIS)

Elizabeth Reynolds

Independent

Date Written: June 1997

Abstract

Issuance in the samurai bond market has more than tripled over the past several years. Some observers have attributed this growth to a systematic underestimation of credit risk in the market. A detailed review of credit quality, ratings differences, and initial issue pricing in the samurai bond market, however, turns up little evidence to support this concern.

Keywords: Samurai Bond Market, issuance

JEL Classification: G10, G15, G24

Suggested Citation

Packer, Frank and Reynolds, Elizabeth, The Samurai Bond Market (June 1997). Current Issues in Economics and Finance Vol. 3, No. 8, June 1997. Available at SSRN: https://ssrn.com/abstract=998868

Frank Packer (Contact Author)

Bank for International Settlements (BIS) ( email )

CH-4002 Basel, Basel-Stadt
Switzerland
4161 280 8449 (Phone)

Elizabeth Reynolds

Independent

No Address Available

Register to save articles to
your library

Register

Paper statistics

Downloads
246
Abstract Views
2,088
rank
123,379
PlumX Metrics