Finance Minister Lim Guan Eng has touted the favourable bond conditions offered by Japan as one of the benefits of choosing a “clean and democratic” government over a kleptocracy.
He said the coupon rate for the 10-year Samurai bonds being offered by the Japan Bank of International Cooperation and guaranteed by the Japanese government is 0.65 percent, and such low rates are more typical of five-year bonds.
He said the coupon rate for the 10-year Samurai bonds being offered by the Japan Bank of International Cooperation and guaranteed by the Japanese government is 0.65 percent, and such low rates are more typical of five-year bonds.
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