Kexim's $700 million bond leaves little for investors

Korean policy bank Kexim storms the G3 market with a $700 million print, but its bonds widen in the secondary market amid weaker credit conditions.

Korean policy bank Export Import Bank of Korea (Kexim) printed a $700 million five-and-a-half-year senior bond early yesterday morning, after originally planning to raise up to $1 billion.

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