Economics
KEB, CITIC Market Dollar Debt as Sales Fall Amid Slowing Economy
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Korea Exchange Bank and CITIC Bank International Ltd. are marketing dollar-denominated bonds as sales slow amid signs of weakening economic growth in Asia. New versions of the region’s bond risk indexes began trading today.
The Seoul-based lender and the Hong Kong-based unit of China’s biggest state-owned investment company are each seeking to sell as much as $300 million of notes today, according to people familiar with the deals.