Hyundai Card Reopens Korea’s Kimchi Bond Market, Expands Funding Portfolio with Dual-Currency USD-CNY Issuance
Hyundai Card has issued a dual-currency USD-CNY 'Kimchi bond' to diversify its funding sources amid financial market volatility. This move, aligned with green taxonomy guidelines, signals a broader trend of Korean financial firms seeking alternative capital channels.
Why it matters
The reopening of the Kimchi bond market provides a new mechanism for Korean companies to manage funding costs and support eco-friendly initiatives.
Hyundai Card becomes the first Korean credit-specialized financial company to issue a dual-currency USD-CNY Kimchi bond, expanding its investor base and currency portfolio in response to changing market conditions
The article provides a factual account of corporate financial strategy and market trends.
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