Shogun bond

Shogun bond,

Definition of Shogun bond:

  1. Shogun bond is a type of bond that is issued in Japan by foreign entities, including corporations, financial institutions and governments, and denominated in a currency other than yen. For example, if a Chinese company were to issue a renminbi-denominated bond in Japan, this would be considered a Shogun bond. Foreign currency Shogun bonds issued in Japan are available to both Japanese and foreign investors.

  2. Shogun bonds were named after the Japanese word for the traditional military leader of the Japanese army. A Samurai bond is similar to a Shogun bond, but samurai bonds are denominated in yen, while Shogun bonds are issued in foreign currency.

  3. Bond issued in Japan by a non-Japanese firm, and denominated in a currency other than Yen.

Meaning of Shogun bond & Shogun bond Definition