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Export-Import Bank of Korea to issue 200M yuan of notes

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Export-Import Bank of Korea to issue 200M yuan of notes

Export-Import Bank of Korea said April 11 that it plans to issue 200 million Chinese yuan of notes under its US$25 billion global medium-term note program.

The fixed-rate notes, set to be issued April 13, carry an annual interest rate of 4.25% and mature April 13, 2020.

They will be listed on the Singapore Exchange Securities Trading Ltd.

As of April 11, US$1 was equivalent to 6.27 Chinese yuan.