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Korea Beats China With Record Corporate Dollar Bond Offerings
Korean borrowers are selling an unprecedented amount of dollar bonds, overtaking Chinese peers to lead Asia’s primary market issuance for such debt.
Korean borrowers are selling an unprecedented amount of dollar bonds, overtaking Chinese peers to lead Asia’s primary market issuance for such debt. Dollar bond offerings from South Korea rose 17% to $17.6 billion so far in 2024, a record for the period, data compiled by Bloomberg show. The bond rush pushes Korea to lead such sales in Asia excluding Japan so far this year.
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