Arirang bond
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Hangul
아리랑 본드; 아리랑 채권
Hanja
(none); 아리랑 債券
RRarirang bondeu; arirang chaegwon
MRarirang pondŭ; arirang ch'aekwŏn
| Arirang bond | |
| Hangul | 아리랑 본드; 아리랑 채권 |
|---|---|
| Hanja | (none); 아리랑 債券 |
| RR | arirang bondeu; arirang chaegwon |
| MR | arirang pondŭ; arirang ch'aekwŏn |
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.[1][2]
