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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 …

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