South Korea WGBI Entry Boosts Foreign Bond Demand

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

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