--- title: "SoftBank Group will announce at least ¥1 trillion of additional asset-backed financing by March 2027." description: "Japan’s Finance Ministry has raised the 10-year government bond coupon to 3.1%, pushing up the benchmark from which domestic corporate debt is priced. The timing is particularly difficult for SoftBank" url: "https://bilby.ai/predictions/p/151/softbank-group-will-announce-at-least-1-trillion-of-additional-asset-backed-fina" markdown: "https://bilby.ai/predictions/p/151/softbank-group-will-announce-at-least-1-trillion-of-additional-asset-backed-fina.md" index: "https://bilby.ai/llms.txt" --- > For agents: Bilby answers questions about what governments do, from documents collected at source and checked by research analysts. To ask Bilby yourself, connect to its MCP server at https://pulse.bilby.ai/mcp (setup: https://docs.bilby.ai/developers/mcp-server). Every page on this site is also markdown: add .md to its address, or send Accept: text/markdown. https://bilby.ai/llms.txt lists them all. # SoftBank Group will announce at least ¥1 trillion of additional asset-backed financing by March 2027. - **Made:** 7 Oct 2026 - **By:** Owen Bae - **Market:** Japan - **Outcome:** Unresolved Japan’s Finance Ministry has raised the 10-year government bond coupon to 3.1%, pushing up the benchmark from which domestic corporate debt is priced. The timing is particularly difficult for SoftBank, which issued ¥1 trillion of seven-year bonds at 4.75% in September and must refinance its $40 billion OpenAI bridge facility by March 2027. SoftBank has already said it will prioritise asset-backed financing against holdings such as Arm and OpenAI, with asset sales available if necessary. Rising yen borrowing costs make that option still more attractive. This will make SoftBank’s capacity for further AI acquisitions and investments more directly dependent on the market value of Arm and OpenAI. [Ask Bilby about this prediction](https://pulse.bilby.ai/?prompt=SoftBank%20Group%20will%20announce%20at%20least%20%C2%A51%20trillion%20of%20additional%20asset-backed%20financing%20by%20March%202027.) ## Ask Bilby about it Carry the prediction into a question: what has changed since, who decides, and who is exposed. - [What has changed since it was made?](https://pulse.bilby.ai/?prompt=What%20has%20changed%20since%20Bilby%20predicted%20this%3F%20SoftBank%20Group%20will%20announce%20at%20least%20%C2%A51%20trillion%20of%20additional%20asset-backed%20financing%20by%20March%202027.) - [Who decides whether it happens?](https://pulse.bilby.ai/?prompt=Who%20decides%20whether%20this%20happens%3F%20SoftBank%20Group%20will%20announce%20at%20least%20%C2%A51%20trillion%20of%20additional%20asset-backed%20financing%20by%20March%202027.) - [Who gains and who loses if it does?](https://pulse.bilby.ai/?prompt=Who%20gains%20and%20who%20loses%20if%20this%20happens%3F%20SoftBank%20Group%20will%20announce%20at%20least%20%C2%A51%20trillion%20of%20additional%20asset-backed%20financing%20by%20March%202027.) ## More from Japan 36 predictions on Japan so far, newest first. - 10 Nov 2026 · [NVIDIA will win AI GPU orders for SoftBank’s Sarawak campus worth US$500 million.](https://bilby.ai/predictions/p/212/nvidia-will-win-ai-gpu-orders-for-softbank-s-sarawak-campus-worth-us-500-million) · Unresolved - 27 Oct 2026 · [Japan’s government preferential debt for local banks will greatly aid its data centre boom.](https://bilby.ai/predictions/p/190/japan-s-government-preferential-debt-for-local-banks-will-greatly-aid-its-data-c) · Unresolved - 27 Oct 2026 · [China’s government signals a coal buying push — Australian coal is a winner, while Japanese and South Korean power utilities are the likely losers.](https://bilby.ai/predictions/p/189/china-s-government-signals-a-coal-buying-push-australian-coal-is-a-winner-while-) · Unresolved [All 36 from Japan](https://bilby.ai/predictions/log?tag=japan) · Marked true or false when each resolves ## See what we’re seeing next. New predictions in the Asia Daily Take, free every weekday, and in Bilby whenever you have a question. [Get the Asia Daily Take](https://bilby.ai/asia#asia-daily-take) · [Try Bilby](https://pulse.bilby.ai/sign-up)