Reported 7 months ago
South Korea has mandated banks for a potential dollar bond sale, marking the government's first such issuance in more than two years. The move may be followed by SEC-registered notes with a 5-year tenor. This initiative aligns with a trend in Asia, where countries like Indonesia and the Philippines are also tapping into the dollar bond markets to take advantage of tight spreads due to the Federal Reserve's cautious approach.
Source: YAHOO