Buffett’s Berkshire Targets Narrower Spreads on Yen Bonds as BOJ Bets Ease

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Warren Buffett News

Berkshire Hathaway Inc,Bloomberg,Bank Of Japan

(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. priced ¥263.3 billion ($1.71 billion) of yen bonds at lower premiums than deals over the past two...

-- Warren Buffett ’s Berkshire Hathaway Inc . priced ¥263.3 billion of yen bonds at lower premiums than deals over the past two years as concern eases in the credit market that the Bank of Japan will raise interest rates again soon.It’s the veteran investor’s largest yen bond since Berkshire debuted in the market in 2019, data compiled by Bloomberg show.

Buffett’s firm is a regular issuer of yen bonds, and has tapped the market twice a year in 2023 and 2022. Here’s a look at how much Berkshire paid on some maturities over the past two years: Jerry Dean McLain first bet on former president Donald Trump’s Truth Social two years ago, buying into the Trump company’s planned merger partner, Digital World Acquisition, at $90 a share. Over time, as the price changed, he kept buying, amassing hundreds of shares for $25,000 - pretty much his “whole nest egg,” he said.

Trump says $175 million bond is financially secure, asks judge to reject New York attorney general’s challenge

Berkshire Hathaway Inc Bloomberg Bank Of Japan Basis Points Credit Market Berkshire Buffett Endorses Japan Trading Firms

 

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