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Kookmin delays 30 bln yen Samurai bond deal-source

Sun Feb 3, 2008 11:14pm EST
 
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HONG KONG, Feb 4 (Reuters) - South Korea's Kookmin Bank (060000.KS: Quote, Profile, Research, Stock Buzz) has decided to postpone a Samurai bond deal worth up to 30 billion yen, citing volatile market conditions, a source involved in the deal said on Monday.

The lender had announced the deal last month amid a surge in the number of recent Samurai bond sales, or yen-denominated bonds issued by foreign issuers. (Reporting by Rafael Nam; Editing by Ken Wills)

 

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