A Samurai Bond is a yen-denominated bond issued in Japan's domestic bond market by a non-Japanese entity — such as a foreign government, supranational institution, or multinational corporation — subject to Japanese financial regulations and listed on Japanese exchanges. Samurai Bonds allow foreign issuers to tap into Japan's large, deep pool of domestic savings and yen-denominated liquidity, typically at lower interest rates given Japan's historically low yield environment, while giving Japanese investors exposure to foreign issuers without currency risk (since bonds are denominated in yen). The Indian government and several Indian corporates have historically explored Samurai Bond issuance as part of diversifying their foreign currency borrowing mix. Other notable foreign bond types include Yankee Bonds (USD-denominated, issued in the US by foreigners) and Bulldog Bonds (GBP-denominated, issued in the UK). For investors on Ventura Securities tracking India's external debt market, international bond issuances, and foreign currency funding strategies of Indian companies, Samurai Bonds are an important instrument in the global fixed income landscape.
For android only
