South korea government announced on Friday that it has started preparing for the first issuance of bonds denominated in australian dollar, aiming to attract new investments from the global market.
South korea's Ministry of Strategy and Finance has selected ANZ Bank, SMBC Nikko Securities, and Nomura Holdings as the three financial institutions to manage the issuance of the australian dollar bonds, with an upper limit of 0.3 billion US dollars.
South korea's Ministry of Strategy and Finance pointed out that FTSE Russell recently decided to include South korean bonds in its key World Government Bond Index starting from November 2025, creating an "ideal opportunity" to attract new investors by issuing bonds in new overseas markets.
Yoo Chang-yeon, a senior official from South korea's Ministry of Strategy and Finance, said: "Our goal is to attract new investors from regions such as Australia, Canada, and the Middle East."