NEXT NOTES S&P Singapore REIT Net Total Return Index ETN [8604.T]
TOKYO, Apr 27 (Pulse News Wire) – NEXT NOTES S&P Singapore REIT Net Total Return Index ETN (8604.T) disclosed its issuance status for the fiscal year ending March 31, 2026. As of April 23, 2026, the total issuance amount was ¥1.489 billion, comprising ¥1.089 billion in self-issued notes and ¥400 million in guaranteed notes.
The total issuance accounted for 10.8% of the firm’s net assets. The issuer, Nomura Europe Finance N.V., reported its financial position for the same period based on consolidated figures released by Nomura Holdings Inc. (8604.T) on April 1, 2026.
Credit ratings for the guarantor remain stable across major rating agencies, with Moody's assigning a Baa1 long-term rating and S&P Global Ratings giving a BBB+ long-term rating, both with positive outlooks. In domestic markets, there were no changes in the number of units for any of the ETNs during the reporting period. However, prior to the last quarter, NEXT NOTES Gold Futures Double Bull ETN saw additions of 1,200 units and cancellations of 800 units, while NEXT NOTES Dubai Gen'Yu Sakimono Bear ETN had an addition of 1,500 units.
🟡 Confidence: Standard AI-translated content.