우리나라의 경제발전을 이끄는 공적수출신용기관 입니다.
  • zoom

    How to enlarge/reduce the letter size

    You can enlarge/reduce the screen like the following.

    Enlarge the screen

    Please press and hold ctrl key and press + key additionally to enlarge it.

    Enlarge the screen

    Shrink the screen

    Please press and hold ctrl key and press - key additionally to reduce it.

    Shrink the screen

    close
  • scrap

Press Release

Korea Eximbank Issues USD 2 Billion Global Bond

  • Date2017.10.25
  • View4441

File

The Export-Import Bank of Korea (www.koreaexim.go.kr, Chairman Eun Sung-soo, "Korea Eximbank") announced that it successfully issued a USD 2 billion triple-tranche Global Bond to investors worldwide in the early morning of October 25.

 

The amount of the issue was the largest among the bonds issued by Korean institutions this year.

 

The issue made on the day consists of USD 0.4 billion 3-year fixed-rate bonds, USD 1 billion 5-year fixed-rate bonds and USD 0.6 billion 5-year floating-rate notes, priced at 3-year US Treasury yields plus 0.90%, 3-month US Libor plus 0.925%, and 5-year US Treasury yields plus 1.00%, respectively.

 

The bond attracted USD 4.4 billion from about 200 investors worldwide. By region, 40% of the 3-year fixed-rate bonds were allocated to Asia, followed by 35% to the US and 25% to Europe, while 5-year fixed-rate bonds were allocated 41% to the US, 39% to Asia, and 20% to Europe, and 3-year floating-rate notes were allocated 63% to Asia, 20% to Europe and 17% to the US.

 

A Korea Eximbank official said, “The Bank successfully issued the bond as it has timely spotted improved investor sentiment after the North Korean nuclear issue has begun to settle down.”

 

The proceeds earned through this issue will be used to support Korea’s traditional key industries, including overseas construction and industrial plants, and new growth industries considered as national economic growth drivers in the Fourth Industrial Revolution era.

list