Kexim takes charge of Korean green bond boom

By Narae Kim
03 Feb 2016

Asia's green bond market welcomed the return of Export-Import Bank of Korea (Kexim) this week. Despite volatility, the frequent issuer priced a green bond flat to its conventional debt and market participants expect more Korean issuers to follow suit, reports Narae Kim.

Kexim always planned to return to the green bond market this year. As part of its target to raise around $12bn from offshore bonds in 2016, the Aa2/AA-/AA- rated Korean policy bank had assigned $300m-$500m to green issuance.

Its return was prompted by the fact it had used ...

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