Woori Bank Issues First Yuan-denominated Kimchi Bonds Worth $33 Mil.

SEOUL, Oct. 13 (Korea Bizwire) – Woori Bank has issued yuan-denominated bonds for the first time among Korean commercial banks. The bank said on October 10 that it issued two-year bonds in the yuan currency worth 200 million yuan (US$32.7 million). Of the “Kimchi bonds,” or non-won-denominated bonds issued in the Korean market, this is the first [...]