Korea Development Bank Issues Consecutive Global Bonds: 1.25 Billion Euros and 1 Billion Dollars
"Successful Large-Scale Funding Despite Domestic and Global Volatility"
Korea Development Bank announced on the 11th that it issued a US dollar-denominated global bond worth 1 billion dollars (approximately 1.4 trillion won) on the 9th, following the issuance of a euro-denominated global bond worth approximately 1.25 billion euros (about 2.04 trillion won) on the 27th of last month.
Korea Development Bank Headquarters, Yeouido, Yeongdeungpo-gu, Seoul. Korea Development Bank
View original imageBy issuing global bonds consecutively, the same institution can offer investment opportunities in various currencies and maturities within a short period, attracting the interest of many investors. This means that it can create an environment where bonds can be issued stably.
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A representative from Korea Development Bank stated, "As a leading policy finance institution, we will continue to enhance the perception of Korean assets as safe investments and establish benchmarks, thereby creating a favorable issuance environment for Korean institutions." The representative added, "We plan to maintain stable foreign currency funding by employing a variety of issuance strategies."
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