April 25, 2024

Daiwa to Pay Interest With Rakuten E-Money on Debut Digital Bond

Daiwa Securities Group Inc. will issue its debut digital bonds to individuals and pay interest using Rakuten Group Inc.’s electronic money, the first such public offering in Japan.

Daiwa will sell ¥1 billion ($6.7 million) of one-year 0.8% notes, according to a regulatory filing, in the latest example of a broadening range of fundraising in recent months in Japan’s corporate bond market.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *


Get our latest downloads and information first.
Complete the form below to subscribe to our weekly newsletter.

100% secure your website.