Technology10/17/2025•Bloomberg
Rakuten Delivers Japan’s Highest-Yielding Yen Bond This Year
Rakuten Group Inc., a Japanese e-commerce and fintech company, has priced a local bond with a coupon of 4.691%, which represents the highest yield on a yen-denominated bond in Japan this year. The strong order book for the bond, driven primarily by overseas investors, underscores the growing impact of rising government bond yields on corporate borrowing costs in the country. This development in Japan's credit market indicates that companies are facing higher financing costs as a result of the broader trend of increasing interest rates globally.
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