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巴菲特加码日本:伯克希尔哈撒韦发行五年来最大规模日元债

Buffett increases investment in japan: Berkshire Hathaway issues the largest scale yen bond in five years.

Zhitong Finance ·  Oct 10 18:30

Berkshire Hathaway, a subsidiary of “stock god” Buffett, raised 281.8 billion yen (about 1.9 billion US dollars) by issuing yen-denominated bonds. This is the company's largest yen-denominated bond issue in five years.

The Zhitong Finance App learned that Berkshire Hathaway (BRK.A.US), a subsidiary of “stock god” Buffett, raised 281.8 billion yen (about 1.9 billion US dollars) by issuing yen-denominated bonds. This is the company's largest yen-denominated bond issue in five years. This is also the second time this year that Berkshire Hathaway has issued yen bonds. The company issued 263.3 billion yen bonds in April of this year.

The issuance of Japanese yen bonds shows that Buffett's ties with the Japanese capital market are deepening. According to documents submitted by Berkshire Hathaway, the funds raised from this issuance of yen bonds will be used for general corporate purposes. Analysts said the move lays the foundation for Berkshire Hathaway to increase its exposure to Japanese assets.

Berkshire Hathaway's funding plan has received close attention from stock market investors, as the company's move to buy shares of Japan's top five trading companies earlier this year helped the Nikkei 225 Index reach a record high. Meanwhile, in February of this year, Berkshire Hathaway mentioned in its annual shareholder letter that the company provided most of the capital to invest in Japanese companies by issuing Japanese yen bonds.

Takehiko Masuzawa, head of trading at Phillip Securities Japan, said: “The size of Japanese yen bonds issued by Berkshire Hathaway this year is the highest level since the company began issuing yen bonds, which shows their expectations for a rise in the Japanese stock market.” “The market is watching what stocks they are targeting next. Investors believe value stocks that pay higher dividends, such as banks and insurance companies, will be the most likely targets.”

According to reports, Berkshire Hathaway has now issued Japanese yen bonds with maturities of 3, 5, 7, 10, 20, 28, and 30 years. Among them, 3-year bonds were issued the largest at 155.4 billion yen; 5-year bonds were issued at 58 billion yen.

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