kookmin

Asian covered bond market gathers momentum as Korean bank brings second covered bond in the space of three months.

Bond investors could demand higher new issue premiums in the coming days, especially if the US debt ceiling debate remains unresolved triggering risk aversion sentiment.

Korea’s largest bank by both asset value and market capitalisation has launched the pricing of a three-year floating rate note.

Hana joins the roster of Korean borrowers keen to tap strong investor demand.

Korea Hydro & Nuclear Power re-opens the Asian credit market after a barren few weeks with a tightly priced 10-year deal, while other borrowers are set to follow.

KB Financial Group, the owner of Kookmin Bank, raises $914 million from the rights issue after the underwriters pick up $9 million worth of stock that wasn't subscribed for.

KoreaÆs second biggest commercial bank attracts strong demand for its three-year deal, despite turbulent credit markets.

Korea's biggest lender raises $300 million in a quick-fire deal.

Korea's biggest bank attracts strong demand for a $1 billion five-year covered bond issue, and avoids the constraints and stigma attached to government guarantees.