Foreign Investors Pour Into South Korean Bonds at Record Pace
Foreign investors accelerated purchases of South Korean bonds at a record pace in May, highlighting growing appetite for the asset class in the run-up to the presidential election and ahead of the addition to a major global index.
Overseas investors snapped up a net 11.34 trillion won ($8.3 billion) of listed bonds last month, according to a statement from the Financial Supervisory Service. That marks the largest monthly inflow since Bloomberg began compiling the data in 1998, extending April's strong momentum. Foreign holdings of outstanding listed bonds rose to 300.5 trillion won during the period.
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Associated Press
19 minutes ago
- Associated Press
Asian shares slide while oil prices surge after Israel's strike on Iran
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30 minutes ago
- Wall Street Journal
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Bloomberg
39 minutes ago
- Bloomberg
Share Sales, Block Trades Power India's Fat IPO Pipeline
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