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KDB raises US$1 bln via overseas bond sale

Time of publication16:08 October 20, 2020

기사 본문 인쇄 및 글자 확대/축소

SEOUL, Oct. 20 (Yonhap) -- The state-run Korea Development Bank (KDB) said Tuesday it has raised US$1 billion by selling bonds overseas.

The $500 million worth of bonds with a 3-year maturity were sold at 0.585 percent, while the other bonds worth $500 million with maturities of five years and six months were priced at 0.852 percent.

In particular, the 3-year maturity bonds will be used to help local firms cushion the impact of the coronavirus pandemic, the KDB said.

KDB raises US$1 bln via overseas bond sale - 1


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