Kexim shows savviness with dual-listed dollar bond

seoul korea px230 dollar
By Narae Kim
25 Feb 2016

Export-Import Bank of Korea demonstrated its sophistication in the bond market on Wednesday with what market participants believe is the first single tranche dollar bond to be listed in both Singapore and Taiwan. Kexim’s success is set to encourage more high quality foreign issuers to follow in its footsteps.

Diversification of funding currencies and investor base has always been key for the Aa2/AA-/AA- rated Korean policy bank, which is aiming to raise around $12bn in the international bond market this year.

So when Kexim realised that some Taiwanese banks would be keen to sign up for its ...

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