The Tokyo Stock Exchange will decide in March whether to seek regulator approval for listing corporate bonds on its Tokyo AIM market for professional investors, the Nikkei reported in January.
This would make it easier for firms to issue bonds and would give them more options for fundraising, replacing the present system of bond trades conducted through brokerage houses.
About ¥9.6 trillion worth of corporate bonds issued in fiscal 2008 remain outstanding.
The Tokyo AIM market, which was jointly established with the London Stock Exchange in June 2009, has yet to host an initial public offering.
