Lates News

Berkshire Hathaway issued a 272.3 billion yen bond, marking Warren Buffett's first yen bond transaction after stepping down as CEO. The transaction is divided into six maturity categories ranging from 3 to 30 years. The 10-year bond issued has a spread of 90 basis points above the benchmark interest rate, with a coupon rate of 3.084%. In the previous yen bond issued by Berkshire in November 2025, the coupon rate for the 10-year bond was 2.422%. Berkshire Hathaway holds stakes in several large trading companies and recently agreed to invest approximately 300 billion yen in Tokio Marine Holdings, demonstrating its continued confidence in the Japanese market. Despite escalating tensions in Iran causing volatility in Japanese government bonds, this transaction still attracted investors' subscriptions. This is the third largest yen bond issuance by the issuer to date, only trailing behind the first issuance of 430 billion yen in 2019 and the issuance of 281.8 billion yen in October 2024.