Bond triumph proves Korea can’t be stopped by scandal

korea_Gyeongbokgung Palace_230px
By Morgan Davis
23 Mar 2017

South Korean bond issuers defied the domestic political turbulence shaking the country, hitting the market this week with a handful of successful dollar deals. While investors snapped up the notes with little question, the timing leads to some speculation that the deal rush was a publicity stunt.

Korean borrowers have been active in the international bond market this year. The sovereign kicked off issuance in January with a $1bn 2.75% 10 year and was quickly followed by the likes of Export-Import Bank of KoreaIndustrial Bank of

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