The amount of foreign securities held by major Korean institutions rose 38.9 percent in 2017 from a year earlier due to an increase in investments in foreign bonds and stocks, central bank data showed on Feb. 28.
As of the end of last year, the value of foreign securities held by Korea’s institutional investors came to US$241.4 billion compared with US$173.7 billion a year earlier, according to data compiled by the Bank of Korea.
The amount of foreign bonds and stocks held by Korean institutions came to US$125.9 billion and US$71.4 billion, respectively, last year.
Investment in Korean papers by local institutions came to US$44 billion last year, up 8.4 percent from a year earlier.
By Song Seung-hyun and newswires (email@example.com