South Korea eyes panda bonds in China

Two countries recently agreed to deepen financial ties

baring-korea-real-estate
China and Korea deepen financial ties

South Korea's government has asked permission to issue renminbi-denominated bonds in China, according to local media – a move that, if green-lighted by Beijing, would make South Korea the first sovereign borrower onshore.

Korean news agency Yonhap reported on November 5 that the government has submitted a request to issue 'panda bonds', citing an anonymous source within the country's finance ministry, who said the matter was "being reviewed".

The report comes on the heels of a deal struck

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