Kookmin Bank $500 million covered bond issue

Overview:

• Kookmin Bank has issued $500 million in covered bonds.
• The issuance is part of its $8 billion global covered bond programme.
• The Rule 144A/Reg S offering was the first covered bond under South Korea’s new legislative framework—the 2014 Korean Covered Bond Act. 

Katrin Kostadinova - Data analyst