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NewsWhore
10-13-2011, 01:01 AM
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Tokyo Considers Dollar Bond Sale on Low Swap Rate: Japan Credit (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG6Aapz_wMSK9ezCMXUHPx0b5-ftQ&url=http://www.bloomberg.com/news/2011-10-13/tokyo-considers-dollar-bond-sale-on-low-swap-rate-japan-credit.html)
Bloomberg
The five-year dollar-yen basis swap rate, which measures the cost of exchanging interest payments from the US currency into yen, fell to as low as minus 70 basis points yesterday, approaching the record of minus 73.2 basis points on Aug. ...

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