LOS ANGELES Japanese businesses have already issued more foreign-currency bonds this year than they did in all of 2011, taking advantage of funding costs that are sometimes lower than those in Japan, the Nikkei business daily reported Thursday. Corporate bond issuance for the year to date stood at $ 49.5 billion Tuesday, compared to $ 46.1 billion in 2011. Japanese firms are benefitting from their relative creditworthiness, with a Sumitomo Mitsui Financial Group Inc. unit enjoying a spread of just 1.7 percentage points above 10-year U.S. Treasurys, while Goldman Sachs Group Inc. must pay about double that spread on its debt, the report said.
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April Unemployment Rate Unchanged at 6.1 Percent: Date: 5/17/2013Information Contact 1: Bob Fick : (208) 332-3... http://t.co/BV4Pb9woo1 #
