By Morgan Davis
04.15 PM
The Japanese bond market had a blow-out year in 2020, despite the ongoing pandemic and related volatility. With 2021 already characterised by eager borrowers and large acquisition financing activity, DCM bankers are preparing for another record setting year. Morgan Davis reports.
The past year has been a volatile one for capital markets around the world. Businesses in Japan were battered and many permanently closed. The country was forced to postpone its 2020 Olympics, and uncertainty remains around how safe it is for the event to be held this summer, as planned. Since the start of 2020, Japan has reported more than 500,000 cases of Covid-19, resulting in around 9,400 deaths.