TOKYO -- Corporate bond issuance in Japan is on track to reach 13.7 trillion yen ($92.1 billion) this fiscal year, the third-largest value ever, as companies maneuver to get ahead of rising interest rates.
The amount of debt issued through Friday for the fiscal year ending March 31 is the highest since fiscal 2020, data from QUICK shows. Bonds issued by highway and airport companies were excluded from the tally.
