Sovereign deal boosts Korean green bonds

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By Morgan Davis
13 Jun 2019

The Republic of Korea issued a dual-tranche dollar bond on Wednesday, with the shorter dated portion carrying a green and sustainability label.

Korea’s bond makes it the third Asian sovereign to sell a green labelled transaction. Indonesia has sold two green bonds, and Hong Kong debuted in the market in May.

This also follows the trend of other Korean borrowers embracing the sustainability label in the past ...

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