Urgent.News

What's breaking now, across thousands of outlets.

More in Finance & Markets

S. Korea Pushes for Developed Bond Status Despite Capital Outflow Risks

The South Korean government is seeking to upgrade the classification of its government bonds from emerging to developed market status within the Bloomberg Global Aggregate Bond Index, one of the…

  • South Korea seeks to upgrade government bonds to developed market status.
  • Seoul aims to boost bonds' international standing post-World Government Bond Index inclusion.
  • Bloomberg retains emerging market classification for now, with next review in 2027.

More from Friday 30 October →