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FTSE World Government Bond Index Officially Includes South Korean Government Bonds
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According to Yonhap News Agency, South Korean Deputy Prime Minister and Minister of Economy and Finance Kyungho Choo announced that the FTSE World Government Bond Index (WGBI), one of the world's three major bond indices, has officially included South Korean government bonds. Kyungho Choo stated today (1st) on social media that amid increased economic volatility due to the Middle East situation, the inclusion of South Korean government bonds in the FTSE World Government Bond Index is expected to stabilize the stock and foreign exchange markets. He cited widespread predictions from foreign financial institutions and treasury bond trading experts that the scale of foreign exchange inflows into South Korea will reach USD50 billion to USD60 billion. It has been confirmed that some foreign exchange has already flowed in this week. (ca/da) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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