South Korea Lifts 14-Year Kimchi Bond Ban, Won Strengthens 1.2%
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币界网报道：South Korea has lifted its 14-year ban on foreign issuance of "kimchi bonds," allowing global firms to raise funds in Korean won for the first time since 2010. The move comes as the won strengthens 1.2% against the dollar this year, making it Asia's best-performing currency. Analysts suggest the policy shift could attract $5-10 billion in foreign bond sales annually, boosting Seoul's capital markets. Major financial institutions like HSBC and Citigroup are reportedly preparing kimchi bond offerings. The decision reverses a 2010 restriction imposed during the global financial crisis to curb capital outflows, signaling South Korea's confidence in its economic stability amid global market volatility.
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