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Kexim dual lists renminbi dual trancher

By Steven Gilmore
24 Jan 2014

Export Import Bank of Korea sold its first public renminbi transaction since 2012 late last week, launching a Rmb1bn ($164m) dual tranche bond split evenly between five and 10 year tranches. The issuer also took the unusual approach of listing the tranches on different stock exchanges — becoming the first to do so — selling the 10year bond in Taiwan and the five year in Singapore.

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By Steven Gilmore
24 Jan 2014