Fitch rates Korea bonds AA-

Fitch Ratings said it assigned an expected rating of AA- to the Republic of Korea's forthcoming dollar-denominated bonds.

The expected rating is in line with Korea's long-term foreign-currency issuer default rating of AA- with a stable outlook.

The rating would be sensitive to any changes in Korea's long-term foreign-currency issuer default rating.

Fitch also said it affirmed Korea's long-term foreign-currency issuer default rating at AA- with a stable outlook in October 2016.

The long-term local-currency issuer default rating also is AA- with stable outlook.

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