Will Korea’s WGBI entry calm volatile markets?

Korea’s government bonds begin entering the FTSE World Government Bond Index, or WGBI, on Wednesday, marking a milestone Seoul has pursued for years to broaden foreign participation in its bond market. Inclusion in one of the world’s most closely watched sovereign bond benchmarks is expected to draw fresh foreign funds into Korean government debt, with around 80 trillion won ($52 billion) in inflows anticipated over the eight months through November as the country is phased into the index. The t

By The Korea Herald