KDB launches 2016 funding with a bang

Traditional New Year policy bank deal achieves warm reception as market shrugs off North Korean nuclear bomb test.

People watch the hydrogen bomb test

Jackie Horne

January 07, 2016

Asian debt capital markets normally kick off the year with a benchmark offering from one of Korea's two main policy banks and 2016 has proved no exception with a $1.5 billion dual tranche offering from the Korea Development Bank (KDB) on Wednesday.

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