Barclays sells 143 billion yen of Samurai bonds

Related Topics

TOKYO, Sept 2 | Wed Sep 1, 2010 8:47pm EDT

TOKYO, Sept 2 (Reuters) - Barclays Bank Plc (BARC.L) has sold 143 billion yen ($1.7 billion) of Samurai bonds in four tranches, lead manager Barclays Capital Japan said on Thursday.

Barclays sold 57 billion yen in three-year fixed-rate bonds, 25 billion yen in three-year floating-rate bonds, 51 billion yen in five-year fixed-rate bonds and 10 billion yen in five-year floating-rate bonds.

The coupon for the three-year fixed-rate bonds is 1.04 percent, while the coupon for the three-year floating-rate bonds is set at 70 basis points above three-month yen Libor.

The coupon for the five-year fixed-rate bonds is 1.29 percent, while the coupon for the five-year floating-rate bonds is 85 basis points above three-month yen Libor.

Samurai bonds are yen bonds issued in Japan by non-Japanese entities. (Reporting by Naoyuki Katayama and Hiroyasu Hoshi; writing by Rika Otsuka)

Related Quotes and News

Company
Price
Related News
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.