UNIVERSITY OF TOKYO TO ISSUE BONDS WORTH $190 MILLION TO FINANCE PANDEMIC PROJECTS

Highlights –

• University of Tokyo to issue bonds worth $190 million to finance pandemic projects.
• The issuance of ‘university bonds’ is to boost research activity.
• The university plans to raise 100 billion yen from the bond market over the next decade.
• The university plans to sell 40-year old bonds with an interest rate of 0.823 percent.

The ....