South Korea is expected to have its bonds included in the FTSE World Government Bond Index, with skepticism from institutions such as Goldman Sachs.

robot
Abstract generation in progress

Jinshi data news on September 17th, a senior official of the South Korean government stated that South Korea has positive expectations for its national debt to be included in the global major bond index next month, but some major banks indicate that this is unlikely to happen. South Korean Deputy Finance Minister Kim Beom-seok stated in an interview that since South Korea was put on the observation list of the FTSE World Government Bond Index two years ago, the South Korean government has established necessary systems and is prepared to make additional adjustments based on investor feedback. While making the above comments, Kim led a team to communicate with about 10 global banks within two days, seeking to further engage investors before FTSE Russell's decision on October 8th. Goldman Sachs predicts that it will be 2025 before South Korean government bonds are included in the FTSE World Government Bond Index, citing procedural issues raised by investors, and Nomura also sees the risk of latency.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)