Japan: HSBC Bank Plans To Offer Total Y60B 5-Yr Samurai Bonds.Byline: babalu03 HSBC HSBC Hongkong and Shanghai Banking Corporation HSBC Humane Society of Broward County (Florida) HSBC Humane Society of Bay County (Bay County, Michigan) Bank PLC, a banking unit of HSBC Holdings PLC (HBC HBC a definition for medical records to denote 'hit by car'. ), plans to offer a total of Y60 billion worth of five-year Samurai bonds Samurai Bond A yen-denominated bond issued in Tokyo by a non-Japanese company. Notes: Samurai bonds provide issuers with the ability to access investment capital available in Japan. in two tranches, documents filed at Japan's Ministry of Finance showed Monday. The London-based bank is slated to decide on the terms and the timing of the issuance in mid-September, the documents also showed. This is the first time for HSBC Bank to offer Samurai bonds, which are yen-denominated bonds issued in Japan by foreign borrowers. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the documents, HSBC bank plans to offer Y30 billion worth of five-year floating-rate Samurai samurai (sä'm rī`), knights of feudal Japan, retainers of the daimyo. This aristocratic warrior class arose during the 12th-century wars between the Taira and Minamoto clans and was with a coupon of 0.5%-1.5% plus
three-month yen Libor. Another Y30 billion of five-year fixed-rate bonds
will likely be sold with a coupon of 1.0%-3.0%. HSBC Securities,
Mitsubishi-UFJ Securities and Mizuho Securities will be lead managers
for the deal, the documents showed.
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