Exim Bank issues US$2 bln in global bonds


The state-run Export-Import Bank of Korea (Exim Bank) said Friday that it has issued US$2 billion worth of bonds to foreign investors.

Exim Bank has sold three-year bonds worth $800 million, five-year bonds worth $800 million and $400 million worth of bonds that will mature in 10 years, the state lender said.

The bonds carry a yield of 0.02 percent, the bank said, adding that the debt sale showed strong interest from foreign investors in South Korea’s economy.

Source: Yonhap News Agency