KEB Hana sets sights on covered bonds

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 ...Already a subscriber? Login