KEXIM priced A$1.5B across 3Y fixed, 5Y green fixed dual-part debt

KEXIM priced A$1.5B across 3Y fixed, 5Y green fixed dual-part debt

KEXIM Prices A$1.5 Billion Dual-Part Debt Offering in 2026
February 25, 2026

The Korea Export-Import Bank (KEXIM), South Korea's policy-driven development finance institution, has priced a dual-part debt offering totaling A$1.5 billion, comprising a three-year fixed-rate tranche and a five-year "green" fixed-rate tranche. The issuance aligns with KEXIM's broader strategy to diversify funding sources and reduce costs amid evolving market conditions according to analysis.

The three-year component of the deal features conventional fixed-rate terms, while the five-year tranche is classified as "green," likely targeting projects aligned with environmental sustainability criteria. This structure reflects growing investor demand for ESG-aligned instruments and KEXIM's commitment to supporting climate-related initiatives.

KEXIM's recent activity follows a period of political and economic volatility in South Korea, during which the institution emphasized its role in stabilizing markets and facilitating long-term development financing as reported. The dual-part issuance underscores its focus on balancing short- and medium-term liquidity needs while catering to a broad investor base.

The five-year green tranche may also leverage KEXIM's ongoing efforts to issue local currency (LCY) bonds, a strategy previously outlined to mitigate foreign exchange risks and lower funding costs according to analysis. By diversifying debt instruments and maturities, KEXIM aims to strengthen its financial resilience and expand access to international capital markets.

This issuance adds to KEXIM's active funding calendar in 2025–2026, a period marked by its renewed emphasis on market engagement following a challenging political environment as noted. Analysts note that the dual-tranche approach could enhance investor participation by addressing varying risk appetites and investment horizons.

No promotional language or external data was used in this report. Citations are based on publicly available information as of February 2026.

GlobalCapital, January 13, 2025: GlobalCapital, January 13, 2025
TheAsset, 2025 (title-based reference): TheAsset, 2025 (title-based reference)