The Ministry of Strategy and Finance said it had successfully issued Australian dollar-denominated foreign exchange equity fund bonds, the so-called Kangaroo Bond.
The issuance scale is 450 million Australian dollars, worth 400 billion won in Korean money, and it is a five-year single product.
The issuance rate is 4.51%.
For the first time, the issuance of Australian dollar foreign exchange bonds has diversified foreign currency procurement channels and expanded the ability to provide foreign exchange rates, so-called benchmarks, the ministry said.
So far, the government has issued four currency-denominated foreign exchange bonds - the dollar, the euro, the yuan and the yen.
This is the first overseas government bond issued in 18 years for the Australian market.
The issuance of kangaroo bonds is a measure to discover new investment demand after the decision to incorporate the global government bond index.
"It is also an important achievement to provide an opportunity to establish a close relationship with the Australian capital market," the ministry said.
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