Korea EXIM Bank postpones yen bond amid market volatility

Summary

Korea EXIM Bank has postponed its issuance of yen-denominated bonds due to a sharp increase in market volatility. This decision reflects a broader trend among issuers of yen-denominated debt, who are adjusting their timelines in response to the current fluctuating market conditions.

Analysis

Korea EXIM Bank: The Export-Import Bank of Korea is a government-owned financial institution that supports Korean companies with export financing and international trade facilitation. It has postponed a planned yen-denominated bond issuance in response to the recent surge in market volatility. Bond Market: Issuers of yen-denominated debt are adjusting timelines in response to fluctuating market conditions.

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