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South Korea to expand use of won-denominated bonds for foreign investors
South Korea has announced plans to enhance global acceptance of its currency by allowing foreign financial institutions to borrow won. Additionally, these institutions will be permitted to utilize won-denominated bonds as collateral. Furthermore, the dollar-won market trading hours have been expanded to twenty-four hours, seeking to integrate South Koreas currency into the wider international markets.
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cryptobriefing.com
South Korea opens the door wider for foreign investors to trade won-denominated bonds
South Korea's finance ministry allows foreign investors to trade more won bonds and access won loans, easing settlement through Euroclear and Clearstream.
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economictimes.indiatimes.com
South Korea to expand use of won-denominated bonds for foreign investors
South Korea has announced plans to enhance global acceptance of its currency by allowing foreign financial institutions to borrow won. Additionally, these institutions will be…
