Japan drawn to KGBs on need to boost competitive edge

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Japan drawn to KGBs on need to boost competitive edge

May 02, 2012

From Anita Davis

The need to enhance its competitive advantage, as well as diversify its FX reserves, has prompted Japan’s central bank to seek out Korean debt for the first time.

The need to improve the currency imbalance between a strengthening Japanese yen and weakening Korean won is acting as prime motivation for the Japanese government to invest in Korean debt for the first time.

Japan’s central bank is reportedly nearing...

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SOUTHEAST ASIA DCM

Rank

Bookrunner Parents

Deal Value $ (Proceeds) (m)

No.

%share

2012 YTD Rank

HSBC

4,160

8.3

Standard Chartered Bank

4,110

8.2

Goldman Sachs

3,666

7.3

Deutsche Bank

3,354

6.7

Citi

2,774

5.5

DBS

2,341

4.6

JPMorgan

2,288

4.5

CIMB Group

2,095

4.2

Siam Commercial Bank

1,835

3.6

RHB Capital Bhd

1,688

3.4

Subtotal

28,311

161

56.2

Total

50,423

249

100.0

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