South Korea is keen to put security before risk
South Korea is keen to put security before risk
- 2009
- Global Property March 2009, 17(1) .
Reports that South Korean banks are poised to become the first in Asia to issue covered bonds, which are ranked among the safest types of debt instruments. There is no law governing covered bonds in South Korea, therefore covered bond structures are likely to operate within the framework of the Korean Asset-Backed Securitization Act.
South Korea
Reports that South Korean banks are poised to become the first in Asia to issue covered bonds, which are ranked among the safest types of debt instruments. There is no law governing covered bonds in South Korea, therefore covered bond structures are likely to operate within the framework of the Korean Asset-Backed Securitization Act.
South Korea