Skip to content

JPMorgan Sees Korea as Outlier in World of Slumping Bond Deals

  • Offshore Korean bond sales at near record, buck global trend
  • Korean dollar bonds have lost least in Asia so far in 2022
A visitor at the observation deck of Woomyeon mountain in Seoul, South Korea.

A visitor at the observation deck of Woomyeon mountain in Seoul, South Korea.

Photographer: SeongJoon Cho/Bloomberg

South Korean borrowers are bucking the global trend of weak bond sales and JPMorgan Chase & Co. expects foreign-currency corporate issuance to retain its robust pace for the rest of the year.

The US bank, the biggest arranger of offshore bond sales from the Asian nation this year, says the Korean firms’ higher ratings and less erratic debt moves are likely to continue to entice buyers, who’ve become more skittish.