Yen bond issuances soar as PayPal and others jump on bandwagon

BOJ commitment to easy money policy makes fundraising easier

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Foreign companies like PayPal are issuing yen-denominated bonds for the first time as Japan's stable market attracts global attention. © Reuters

KOSUKE IGUCHI, Nikkei staff writer

TOKYO -- Overseas companies are turning to yen-denominated bonds to raise funds, with PayPal and Warren Buffett's Berkshire Hathaway joining the pack, as the Bank of Japan's commitment to massive monetary easing keeps interest rates stable.

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