KEB Hana sets sights on covered bonds

By Bill Thornhill
06 Jan 2021

KEB Hana Bank (KHB) of South Korea has set up a covered bond programme and, given the strength of market conditions, there are high hopes that a deal will be mandated soon.

KHB’s $5bn covered bond programme is expected to be rated —/AAA/AAA. BNP Paribas arranged the programme and is also listed as a dealer alongside Citi, Crédit Agricole, JP Morgan and Société Générale.

KHB follows Korean Housing and Finance Corporation and Kookmin Bank which both ...

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