Korea set to market sovereign bond next week

The $1 billion benchmark deal will be the government's first foray into the international debt markets in almost two years.

The Korean government is to embark on a roadshow to market a $1 billion dollar-denominated bond expected to be launched later this month. The main purpose of the sovereign bond issue, which comes after a two-year gap, is to set a benchmark that will encourage Korean banks and corporates to come into the offshore debt market.

The sovereign will have a maturity of 10 years and is expected to be priced at about Libor plus 110bp, a source says. The...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...