Browse Investing

Asian Named Foreign Bond Markets

Samurai, Shogun, Dragon, Geisha, and Sushi bond terms used in Asian foreign bond markets.

Asian named foreign bond markets are nickname categories for foreign-issuer bonds associated with Asian markets, currencies, or investor bases.

Use this branch when the nickname helps identify the market wrapper for a cross-border issue, while the real analysis still depends on currency, issuer credit, documentation, and liquidity.

Key Terms in This Branch

TermWhat it clarifies
Samurai BondA foreign-issuer bond associated with Japan’s domestic bond market.
Shogun BondA Japan-linked foreign bond label with a different market convention from Samurai bonds.
Dragon BondAn Asia-focused international bond label.
Geisha BondA Japan-linked named foreign bond term.
Sushi BondA Japan-linked bond nickname used in cross-border market discussion.

Common Mistakes

  • Assuming every Asian nickname uses the same currency or investor base.
  • Ignoring issuer country, governing law, tax treatment, and settlement rules.
  • Treating the nickname as more important than the security’s actual terms.

In this section

Choose a subsection first. Deeper term pages live inside each subsection, which keeps large topic hubs readable.

Dragon Bond

A Dragon bond is an international bond issued in Asian markets outside Japan, often used by foreign issuers to reach regional investors.

Geisha Bond

Geisha Bonds, also known as Shogun Bonds, are yen-denominated bonds issued by non-Japanese entities in the Japanese financial market.

Samurai Bond

A Samurai bond is a yen-denominated bond issued in Japan by a non-Japanese borrower, giving foreign issuers access to Japanese investors.

Shogun Bond

A Shogun bond is issued in Japan by a nonresident borrower but denominated in a currency other than Japanese yen.

Sushi Bond

Foreign-currency bond issued by a Japanese entity outside Japan and marketed mainly to Japanese investors.

Revised on Sunday, June 21, 2026