S. Korea issues US$1.5 billion in bonds at record low rates
- 5 years ago
정부, 15억 달러 외평채 역대 최저금리로 발행
The South Korean government issued one-point-five-billion U.S. dollars of foreign exchange equalization bonds at the lowest rate on record.
The finance ministry says one billion dollars in dollar-denominated conventional bonds were sold, with the other 5-hundred million being dollar-denominated Green and Sustainability bonds.
It's the first time the government is issuing Green and Sustainability bonds with a five-year maturity at a rate as low as 2-point-18 percent.
Lower rates means demand for the bonds is high.
The ministry adds the sale reaffirms foreign investors' confidence in the local economy at a time of rising global uncertainty.
The South Korean government issued one-point-five-billion U.S. dollars of foreign exchange equalization bonds at the lowest rate on record.
The finance ministry says one billion dollars in dollar-denominated conventional bonds were sold, with the other 5-hundred million being dollar-denominated Green and Sustainability bonds.
It's the first time the government is issuing Green and Sustainability bonds with a five-year maturity at a rate as low as 2-point-18 percent.
Lower rates means demand for the bonds is high.
The ministry adds the sale reaffirms foreign investors' confidence in the local economy at a time of rising global uncertainty.