Foreign investors buy W4.4tr in S. Korean treasury bonds in 3 days after WGBI inclusion

More than 4.4 trillion won ($2.9 billion) in foreign capital has flowed into South Korea's bond market this week, financial authorities said Thursday, as the country began its phased inclusion in a key global government bond index managed by FTSE Russell. On Wednesday, the country began its eight-month inclusion in the World Government Bond Index, a move authorities believe will help stabilize the bond and foreign exchange markets. Authorities said foreign investors purchased 4.4 trillion won wo

By The Korea Herald