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About: Arirang bond     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : dbo:Album, within Data Space : dbpedia.org associated with source document(s)

Type: yago:Abstraction100002137yago:LanguageUnit106284225yago:Name106333653yago:Part113809207yago:Relation100031921album New Facet based on Instances of this Class

An Arirang bond is a won-denominated bond issued by a foreign entity in South Korea. The name refers to "Arirang," a Korean folk song. The market for Arirang bonds is extremely small, constituting less than 0.2% of corporate bond issuance in South Korea. The Asian Development Bank was the first to issue Arirang bonds, with a 1995 issue of ₩80 billion worth of seven-year bonds.