Korea sets new benchmark with $2bn bond

The sovereign raises its first dual-tranche multicurrency note since 2006, selling a debut 30-year dollar note in a bid to extend its curve amid overwhelming demand.

Republic of Korea has raised a $2 billion dual-tranche multi currency bond, the first of its kind since 2006, as investors rush to hold quality credit.

¬ Haymarket Media Limited. All rights reserved.

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