Kexim leads push into alternative currencies

Kexim turns to Swiss francs as US dollar bonds stall, with more issuers expected to tap dim sums and other currencies.
February 04, 2014

Korean policy bank Export-Import Bank of Korea (Kexim) announced a Swiss franc deal late on Tuesday afternoon, pushing into a niche currency as US dollar bond markets stall and investors in Asia have turned risk averse. 

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Related Articles

Kexim's funding machine

We talk to Choi Sung-hwan, CFO of Export-Import Bank of Korea, the gatekeeper for one of Asia's biggest borrowing programmes.
April 03, 2013

Kexim ends Korean bond siesta with $1b deal

The state-owned export credit agency raises a dual-tranche dollar bond, cutting short Korean borrowers’ month-long hiatus from international debt markets.
August 06, 2014

Kexim to diversify $12bn funding needs in 2014

The Korean government-owned export credit agency said it would continue to support local currency markets next year, supported by the requirement for funding diversification and lower cost of capital.
October 31, 2013

Reliance turns to ECA-backed financing

The Indian oil-to-retail conglomerate aims to diversify funding and extend tenors, shifting Reliance towards cheaper ECA-backed financing.
December 13, 2013

DBS and Kexim form strategic alliance

As international banks withdraw from long-term financing in Asia, DBS takes advantage of an opportunity to grow its presence by forging an agreement with Korea Export-Import Bank.
September 27, 2012