Sources revealed that the South Korean government plans to issue dollar-denominated foreign exchange stability bonds as early as the end of January next year. The scale will be around $1 billion to $3 billion. The report said that the move is aimed at supplementing the foreign exchange reserves that have been reduced due to recent direct intervention in the market, while at the same time reaffirming the country's stable sovereign credit position.

Sources revealed that the South Korean government plans to issue dollar-denominated foreign exchange stability bonds as early as the end of January next year. The scale will be around $1 billion to $3 billion. The report said that the move is aimed at supplementing the foreign exchange reserves that have been reduced due to recent direct intervention in the market, while at the same time reaffirming the country's stable sovereign credit position.