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The Samurai Bond Market, Volume 3, Issue 8

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The Samurai Bond Market, Volume 3, Issue 8

DATE: June 1997

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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.

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Federal Reserve Bank of New York. Research and Statistics Group. "The Samurai Bond Market, Volume 3, Issue 8," Current Issues in Economics and Finance (June 1997). https://fraser.stlouisfed.org/title/6879/item/627878, accessed on March 28, 2023.

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