S. Korea Succeeds in Incorporating World Debt Index..."From November next year".

2024.10.09. AM 05:42
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Korea has succeeded in incorporating the world's top three bond indices, the World Government Bond Index and the WGBI.

Global index providers Financial Times Stock Exchange, FTSE Russell said early this morning that they will add South Korea to the WGBI from November 2025 through regular market classification.

Korea was incorporated into the WGBI in the fourth attempt after it rose to the status of an observation target country in September 2022.

FTSE Russell usually makes regular decisions on whether to incorporate into the WGBI in March and September, taking into account market size, national credit ratings and market access levels, but in the meantime, the level of market access in the country has not met standards.

FTSE Russell explained that the review has reclassified South Korea's level of market access from the first to the second.




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