IBK sells 26.2 bln yen in Samurai bonds

TOKYO Oct 30 (Reuters) - The Industrial Bank of Korea (IBK) (024110.KS) sold a total of 26.2 billion yen ($286 million) of two-year and three-year Samurai bonds on Friday, joint-lead managers said.

IBK sold 19.3 billion yen in two-year bonds and 6.9 billion yen in three-year bonds.

The coupon for the two-year bonds was set at 2.2 percent and that for the three-year bonds at 2.39 percent.

The lead managers are Daiwa Securities SMBC, Nomura Securities, RBS Securities and UBS Securities.

Samurai bonds are yen bonds issued in Japan by non-Japanese entities. (Reporting by Naoyuki Katayama, Hiroyasu Hoshi; Writing by Kaori Kaneko)