[Photo] S. Korea issues US$1.5 in sovereign bonds in New York at lowest ever interest rates

South Korea has decided to issue US$1.5 billion in sovereign bonds at the lowest interest rates in the country’s history. On June, 12 the Ministry of Strategy and Finance announced that it issued US$500 million in 5-year green and sustainability bonds and another $1 billion in 10-year standard bonds in New York. The ministry added that the debt offering has reaffirmed foreign investors’ confidence in the South Korean economy amid growing uncertainty resulting from the intensifying US-China trade war.