A Kimchi bond is a non-won-denominated financial bond issued in the South Korean market. The name refers to kimchi, a Korean side dish.[1] Woori Bank, which is credited with coining the term, defines it as solely referring to bonds from foreign issuers, a definition echoed by the Ministry of Finance and Economy.[2][3] However, in practice, the term is also used to refer to non-won-denominated bond issuance by domestic entities.[4][5] Deutsche Bank credits itself as having executed the first kimchi bond transaction, a US$100 million two-year floating rate note sold by South Korean company SK Global, but the first foreign company to sell non-won-denominated bonds in the South Korean market was Bear Stearns.[2][4] Although foreign firms had long been permitted to issue won-denominated bonds, typically referred to as Arirang bonds, permission for them to issue foreign currency-denominated bonds was slower in coming. Permission was finally granted due to the strength of the won in 2005.[3][6]
^Gwon, Yeong-seok (2006-05-24). "'김치본드' 내달 처음으로 선보인다 (Announcement: first 'Kimchi Bonds' next month)". The Hankyoreh. Retrieved 2007-07-06.
^ ab"'Kimchi' bonds for Koreans". The Standard. 2006-05-25. Archived from the original on 2007-09-29. Retrieved 2007-07-06.
^ ab"Supplement to MOFE Press Release: 2nd Meeting of the Financial Hub Initiative Committee". Ministry of Finance and Economy. 2006-06-19. Retrieved 2007-07-06.[permanent dead link]
^ ab"Deutsche Bank Group Profile: Korea" (PDF). Deutsche Bank. October 2006. Archived from the original (PDF) on 2007-05-08. Retrieved 2007-07-06.
^"SK Shipping prepares kimchi". Jane's Transport Finance. 2007-06-21. Retrieved 2007-07-06.[permanent dead link]
^Kim, Jung-min (2005-04-24). "Woori considers issuing dollar-denominated 'kimchi bond'". Herald Media. Archived from the original on 2004-08-13. Retrieved 2007-07-06.
A Kimchibond is a non-won-denominated financial bond issued in the South Korean market. The name refers to kimchi, a Korean side dish. Woori Bank, which...
Kimchi (/ˈkɪmtʃiː/; Korean: 김치, romanized: gimchi, IPA: [kim.tɕʰi]) is a traditional Korean side dish (banchan) consisting of salted and fermented vegetables...
Arirang bond, a Korean won-denominated bond issued by a non-Korean entity in the Korean market Kimchibond, a non-Korean won-denominated bond issued by...
Su-ro, The Iron King (2010) Kimcheed Radish Cubes (2007–08) Kimchi Cheese Smile (2007–08) Kimchi Family (2011–12) King of Ambition (2013) King the Land (2023)...
contest with "Real Life: Love, Loss, and Kimchi", which discussed her mother's cancer diagnosis and death and the bond they shared over Korean food. Zauner...
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ethical basis originating from Judaism. The medieval commentator Rabbi David Kimchi extended this principle to non-Jews who show consideration for Jews, saying...
2014, the seven talent agencies behind KMP Holdings formed a collective bond partnership and bought 13.48% of KT Music's stocks, leaving KT Corporation...
fly a kite. Hyunsung also brings his sons to his mother's house to make kimchi. The four dads gather together to tape an episode of KBS Happy Together...
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allowing her to kiss him whereas Chitoge mishears it as Kosaki asking for kimchi. While trying to confirm her feelings, Chitoge is approached by Raku and...
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myeolchijeot (salted anchovy jeot) in South Korea, mostly used as an ingredient in kimchi and dipping pastes. The shrimp used for making saeujeot are called jeotsaeu...
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(1): 1–15. doi:10.1002/jcp.10119. PMID 12115731. Maiuri MC, Zalckvar E, Kimchi A, Kroemer G (September 2007). "Self-eating and self-killing: crosstalk...
owner of an auto repair shop where Itzik works. Zvulun "Zuta" Hajbi (Nevo Kimchi) - an acquaintance of the group, has a mental disability of sorts. Wins...
South Korean cuisine etc. Nasi Arab (Mandi Rice) Rojak India Thosai Vadai Kimchi Bulgogi Kek Lapis (Layer Cake) Mee kolok (beef and/or chicken only) Malay...
micelles (using calcium sulfate, magnesium sulfate, etc.) allowing protein bonding while cheese curds are created from the enzymatic (rennet) hydrolysis of...
- Master of the World רבי דוד קמחי, רד״ק (Radak, Rabi David Kimchi) - Rabbi David Kimchi; biblical commentator and grammarian, defender of Rambam, known...
and the other six talent agencies behind KMP Holdings formed a collective bond partnership and bought 13.48% of KT Music's stocks, leaving parent KT Corporation...
0001. ISBN 978-0-82325-369-2. Wells, Pete (December 16, 2014). "In Queens, Kimchi Is Just the Start: Pete Wells Explores Korean Restaurants in Queens". The...