S. Korea now in World Government Bond Index: minister

South Korea joined the World Government Bond Index on Wednesday, the finance chief said, expressing hopes that the inclusion will help stabilize the country's foreign exchange and financial markets. Finance Minister Koo Yun-cheol made the announcement in his social media post, highlighting that the WGBI is the world's most significant sovereign bond index. WGBI, managed by FTSE Russell, covers government bonds from 25 major economies, including the United States, Germany, China and Japan, with t

By The Korea Herald