The Cabinet is considering issuing bonds denominated in South Korea’s KRW, Deputy Finance Minister for Capital Market Operations Khaled Abdelrahman told Reuters. The issuance would join yuan-denominated ‘Panda’ bonds and yen-denominated ‘Samurai’ bonds as possible options for an Asian FX bond issuance in the next fiscal year that starts in July. “We are looking at either a Panda, Samurai or Korean currency issuance,” Abdelrahman said. The Finance Ministry has stated in April its intention to issue yen- and yuan-denominated bonds in an attempt to diversify borrowing sources as part of its new debt strategy.