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Gov’t Initiates Sale of $1.3 Billion in FX Stabilization Bonds

Gov’t Initiates Sale of $1.3 Billion in FX Stabilization Bonds

SEJONG, Jun. 16 (Korea Bizwire) – The finance ministry announced plans to sell $1.3 billion in foreign exchange stabilization bonds, aiming to attract high-quality SSA (Sovereigns, Supranationals & Agencies) investors. The targeted investor pool includes governments, central banks, international organizations, and policy finance institutions. Foreign exchange stabilization bonds are designed to allow governments to intervene [...]