AI financing competition drives record issuance of yen bonds

As AI mega-scale cloud service providers ignite a global financing boom, the scale of yen bonds issued by foreign entities in Japan has reached a historic high. From April to September, the total amount of yen bonds was approximately 2.5 trillion yen (about 15.9 billion USD), a year-on-year increase of 160%.

Google's parent company Alphabet issued yen bonds for the first time in May, with a total of 576.5 billion yen, setting a new historical record.