New Issue-Kookmin Bank sells 24.4 bln yen in Samurai bonds

TOKYO, April 17 (Reuters) - South Korea's Kookmin Bank
(060000.KS: Quote, Profile, Research, Stock Buzz) sold 24.4 billion yen ($240 million) of Samurai bonds
on Thursday, lead manager Mizuho Securities said.

Kookmin postponed a Samurai bond deal earlier this year due
to volatile market conditions.

Details are as follows:

1. Two-year fixed-rate bond:

Issue amount: 5.1 billion yen

Coupon: 2.60 percent

Issue price: par

Maturity date: April 23, 2010

Coupon payments: April 23, Oct. 23

Payment date: April 23, 2008

Lead managers: Mizuho Securities

BNP Paribas Securities

JPMorgan Securities

Fiscal agent: Sumitomo Mitsui Banking Corp

Ratings: A (S&P)

Aa3 (Moody's)

A+ (JCR)

Spread: LIBOR+160 basis points

2. Two-year floating-rate bond:

Issue amount: 19.3 billion yen

Coupon: 1.6 pct points above six-month yen LIBOR

Issue price: par

Maturity date: April 23, 2010

Coupon payments: April 23, Oct. 23

Payment date: April 23, 2008

Lead managers: Mizuho Securities

BNP Paribas Securities

JPMorgan Securities

Fiscal agent: Sumitomo Mitsui Banking Corp

Ratings: A (S&P)

Aa3 (Moody's)

A+ (JCR)

Samurai bonds are yen bonds issued in Japan by non-Japanese
entities.
($1=101.76 yen)
(Reporting by Takefumi Ito and Naoyuki Katayama; Writing by Rika
Otsuka)