korean-banks-rush-to-tap-bond-markets

Korean banks rush to tap bond markets

Dollar bond issues by Hana Bank and Industrial Bank of Korea are likely to take advantage of government-issued foreign currency payment guarantees.

Two Korean lenders, Hana Bank and Industrial Bank of Korea (IBK), are planning to issue US dollar bonds in the near future, and are likely to make use of state-backing in order to reduce their funding costs.

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