As a result, Korea has been incorporated into both the world's top three bond indices, following the BBGA, which was incorporated in 2002.
The other one is for emerging countries, so there is no such thing.
The fact that Korea is included in the World Bond Index means that it has been classified as an advanced financial market.
This means that foreign investors' confidence in Korean government bonds has increased.
It is encouraging in that it expands the inflow of funds and raises international credibility.
So far, 26 countries, including us, have been included in the global government bond index.
It is mainly financially advanced countries such as the United States, the United Kingdom, and Japan, or countries representing each region such as China, Mexico, and South Africa.
The funds for ultra-high-quality investors, such as pension funds from major countries, to decide on investment alone are about 3,375 trillion won.
Korea's government bonds account for 2.2% of the global government bond index, which is 75 trillion won.
The inflow of funds of 75 trillion won is equivalent to the annual amount of treasury bonds issued by the Korean government.
As much as the amount of money flows in, the capacity to issue can be increased, and it will also open your breath to operating fiscal policy.
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