Shinsei launches 'hybrid' bond

Banks in Asia and the emerging markets appeared undeterred by a significant drop in buyers of mortgage-backed bonds as they marketed inaugural deals last month. Shinsei Bank is set to be the first institution to launch a covered bond in Japan - although the bond has been described as more of a 'hybrid' of a covered bond.

The Tokyo-based bank, which has Yen10,837.6 billion ($101.5bn) of assets under management as of March 2007, has received an Aaa provisional rating from Moody's for its bond

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here