Japan’s corporate debt yield has hit a record low of 0.0000000091%, courtesy of Bank of Japan’s market-distorting ultra-low rate policy, according to Bloomberg. Toyota Finance Corp. will be issuing two tranches of JPY 20 billion in three-year and five-year bonds each on Oct. 25, it said last week. Notably, the three-year note will yield an unprecedently low 0.0000000091%, which means a trader buying 1 billion Yen of the bonds wouldn’t even make 1 Yen on maturity. Even so, the demand for the three-year note was brisk, according to underwriters. The record low yield comes a month after the Bank of Japan said it will buy corporate bonds worth about JPY 125 billion on Oct. 24 and about JPY 100 billion on Nov. 29. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/IDR technical analysis: Under pressure below multi-day long falling trendline FX Street 4 years Japan's corporate debt yield has hit a record low of 0.0000000091%, courtesy of Bank of Japan's market-distorting ultra-low rate policy, according to Bloomberg. Toyota Finance Corp. will be issuing two tranches of JPY 20 billion in three-year and five-year bonds each on Oct. 25, it said last week. Notably, the three-year note will yield an unprecedently low 0.0000000091%, which means a trader buying 1 billion Yen of the bonds wouldn't even make 1 Yen on maturity. Even so, the demand for the three-year note was brisk, according to underwriters. The record low yield comes a month after… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
