ㅇ The strong demand for the long term bonds reflects that despite the global spread of COVID-19, Korea's relatively sound economic fundamentals were highlighted due to its outstanding export performance in key sectors such as shipbuilding, semiconductors, and batteries.
ㅇ He added, "We spotted the signs of change in the financial market and launched the deal in a timely manner in order to preemptively secure long-term low-cost foreign currency funds."
□ Prior to this issue, Korea Eximbank carried out a virtual one-on-one investor briefing session for conservative investors seeking ultra-high-quality bonds with AA ratings or higher.
ㅇ As a result, for three-year and 5.5-year maturity bonds, 58% of the investors were central banks, sovereign wealth funds and international organizations, attracting strong demands.
ㅇ In particular, for the 20-year maturity bonds, the proportion of investors seeking long-term stable investment sources, including pension funds, insurers, and asset managers, exceeded 74%, contributing to diversifying the investor base.
□ As Korea's leading foreign currency borrower, Korea Eximbank plans to diversify its borrowing methods and actively attract blue-chip investors with the goal of issuing 11 billion dollars of foreign bonds this year.