South Korea Sells €1.7 Billion Euro Bonds, Setting 2026 Record
Updated
Updated · Bloomberg · Jul 8
South Korea Sells €1.7 Billion Euro Bonds, Setting 2026 Record
2 articles · Updated · Bloomberg · Jul 8
Summary
€1.7 billion in foreign-exchange stabilization notes maturing in three and seven years gave South Korea its biggest annual euro-bond sale of 2026.
The finance ministry said the sale came earlier than South Korea’s usual issuance schedule to rebuild foreign-currency reserves used to defend the won.
The euro-denominated deal raised about $1.9 billion, adding fresh external funding as authorities shore up reserve buffers against currency pressure.