Press Release

(1)

MINISTRY OF STRATEGY AND FINANCE

www.mosf.go.kr

Embargo: Release Date: April 28

Contact Information: Shim, Gyu-jin (02-2150-4712/ International Finance Division)

K

^OREA

I

^SSUES

F

^OREIGN

C

^URRENCY

-

DENOMINATED

B

^{ONDS OF}

US$3.7 B

^ILLION

IN THE

F

^IRST

Q

^UARTER

In the first quarter of 2011, Korea issued US$3.7 billion of foreign currency-denominated bonds, up more than two times faster compared with the previous year when the total of US$6.15 billion was issued annually. Considering situations related to bond issuance of such kind, the trend is expected to continue.

(US$ billion)

2008 2009 2010 Q1 2010 Q1 2011

Total

- Private firms - Public firms

- Non-bank financial institutions*

- Non-residents

63.4 37.7 22.1 3.6 -

13.9 8.0 3.5 2.4 -

61.5 21.5 26.5 13.5 -

3.1 -

2.5 0.6 -

37.0 22.0 9.5 2.6 2.9

* Credit card companies, private lenders, asset liquidation companies