A Japanese company was massively oversubscribed for a bond yielding 0.0000148% as investors scramble for safe assets

Business Insider

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· Japan Student Services Organization, an agency that offers student loans, has seen rising demand for its two-year social bonds during the coronavirus pandemic, according to Bloomberg.
· JASSO priced $278 million worth of two-year social bonds on Friday offering a near-zero yield, however orders for the bond totaled about two...

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