South Korea WGBI Entry Boosts Foreign Bond Demand
South Korea's inclusion in the World Government Bond Index (WGBI) has resulted in a notable increase in foreign demand and holdings of its government bonds. This development reflects growing international investor confidence in the nation's financial market.
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Korea’s WGBI entry lifts foreign demand for government bonds
Foreign investors increased their exposure to South Korean government bonds in the first month following the country’s entry into the FTSE World Government Bond Index, or WGBI, with both net purchases and holdings moving higher. Government and industry data show that foreign investors bought a net 10 trillion won ($6.8 billion) worth of Korean Treasury bonds on a trade basis between March 30 and Monday. On a settlement basis, net purchases totaled 7.9 trillion won. The pace of inflows built stea
By The Korea Herald
Read full article →Foreign buying, holdings of S. Korean government bonds rise after WGBI entry - Yonhap News Agency
Foreign buying, holdings of S. Korean government bonds rise after WGBI entry Yonhap News Agency
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