Korean bank to win race for first Seoul-issued RMB bond

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Korean bank to win race for first Seoul-issued RMB bond

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Sean Gladwell - Fotolia

A domestic South Korean name is now expected to be the first credit to bring a locally issued and listed RMB bond in Seoul, several sources have told GlobalRMB. Two of the sources suggested that KB Kookmin Bank was the most likely candidate and that a deal could come within the next week.

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