Japan convertible bond issuance at 22-year high on overseas inflows

January-June tally reaches $6.8bn as investors look to curb equities risks Japanese chip testing equipment maker Advantest raised 100 billion yen using convertible bonds in April. (Photo by Shintaro Ino) TOKYO — Companies in Japan have sharply increased their issuance of convertible bonds, approaching a level not seen in more than two decades as foreign investors pour in money to avoid risks from trading stocks.

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