Nonghyup, officially known as the National Agricultural Cooperative Federation, was established in South Korea to support the agricultural sector and enhance rural development. Based in Seoul, the corporation aims to provide a broad range of financial and non-financial services to its members, including loans, insurance, and agricultural goods distribution. Key services are centered around fostering sustainable farming practices and improving the economic welfare of farmers across the nation.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Nonghyup commenced bond issuance in the early 2000s and has since established itself as a significant player in the Korean bond market. Notable issuances include the 2018 issuance of KRW 500 billion in green bonds, aimed at financing eco-friendly agricultural projects, which received positive market reception. Current yields on Nonghyup bonds are competitive within the agricultural cooperative sector, providing investors an appealing option. In recent developments, Nonghyup has emphasized transparency and sustainability in its bond offerings, aligning with global trends in responsible investing.