NEXT NOTES Dubai Crude Oil Futures Double Bull ETN [2038.T]
TOKYO, Apr 21 (Pulse News Wire) – Next Notes Dubai Crude Oil Futures Double Bull ETN (2038.T), announced that its credit rating was upgraded by Rating Investment Information Center on April 21, 2026. The changes are summarized below: 1.
The revised ratings became effective on April 21, 2026. 2.
Prior to the revision, the rating was A with a positive outlook. Following the update, the rating stands at A+ with a stable outlook.
Regarding the impact on the ETN, the upgrade reflects improved credit strength of the guarantor, Nomura Holdings Inc., and is not expected to affect trading prices or other aspects of the ETN's performance.
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