Hyundai Card has re-entered Korea’s “kimchi bond” market, marking the first issuance in over a year amid increased financial market uncertainty. The company successfully issued dual-currency bonds denominated in both US dollars and Chinese yuan, diversifying its funding sources. This move signals a potential revival of the kimchi bond market, which allows Korean companies to raise funds in foreign currencies but settle in Korean won. The issuance aims to mitigate risks associated with fluctuating exchange rates and broaden investor appeal. Hyundai Card intends to use the raised capital to expand its funding portfolio and strengthen its financial position. Analysts suggest this strategy could be adopted by other Korean firms seeking alternative funding options in a volatile global economic climate. The bond offering was met with strong demand from both domestic and international investors.