April 20, 2024
Economy
Foreign investors’ bond holdings top W100tr
[THE INVESTOR] Foreign investors’ bond holdings have exceeded 100 trillion won (US$88.60 billion), latest industry data showed on May 2.
Offshore investors were net buyers of Korean bonds worth 692.1 billion won last week, according to the data and NH Investment & Securities.
Foreign investors have been buying Korean bonds, with the won showing strength against the US dollar.
Kang Seung-won, a researcher at NH Investment & Securities, said short-term bonds, or those with maturities of one year or less, have lured foreign investors.
By Alex Lee and newswires (alexlee@heraldcorp.com)
Offshore investors were net buyers of Korean bonds worth 692.1 billion won last week, according to the data and NH Investment & Securities.
Foreign investors have been buying Korean bonds, with the won showing strength against the US dollar.
Kang Seung-won, a researcher at NH Investment & Securities, said short-term bonds, or those with maturities of one year or less, have lured foreign investors.
By Alex Lee and newswires (alexlee@heraldcorp.com)
