The lender's coupon of 2.127% on the perpetual noncallable 10-year and one-month Additional Tier 1 bonds is the highest on such notes for the bank since 2015.
The firm has said it is considering transition bonds or loans to finance loan and lease receivables for hybrid vehicle sales.
Speculation has been building that the BOJ may start to withdraw its decade-old monetary stimulus next year as the yen’s fall driven by its policy helps accelerate inflation.
The Tokyo Metropolitan Government is proposing to issue ¥30 billion of five-year social bonds later this month.
Japan risks becoming a warning for what happens when a country moves too fast to normalize its economy and doesn’t adjust its strategy when the outbreak changes.
