South Korea sold 1.7 billion euros through euro-denominated foreign exchange stabilization bonds at record-low spreads for both three- and seven-year maturities, following its U.S. dollar bond issuance in February 2025, the finance ministry said in a Thursday release.
The issuance comprised 700 million euros of three-year notes and one billion euros of seven-year notes, the release said.
The offering marked the country's largest-ever euro-denominated foreign exchange stabilization bond issuance, establishing a new benchmark for Korean euro bonds. The 1 billion-euro seven-year tranche was also the largest single-tranche euro bond issued by South Korea, surpassing the previous record set in 2014, it said.