Korea bond sees huge Asian demand

The Republic of Korea returns to market and reprices the entire country''s credit curve in a strong deal driven by Asia.

The Republic of Korea has returned to the bond market with a successful $1 billion bond led by joint global coordinators Barclays, Citigroup and Goldman Sachs.

The 10 year bond gained an order book well in excess of $4 billion and priced at treasuries plus 92 basis points, equating to a yield of 4.307%. This feat ended up repricing the whole Korean credit curve.

Prior to the issue, the KDB has been Korea's proxy sovereign credit...

To continue reading, please login or register for free

Click for more on: korea | bond | huge | asian | demand

Print Edition

FinanceAsia Print Edition


  • Green Bonds Southeast Asia

    25 May 2017  |  Singapore
    With Green Bonds globally reaching USD200 billion outstanding in 2016, from as little as 30bn just 4 years ago, can SE Asia corporations and ...
  • 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 ...