Foreign investors buy W4.4tr in S. Korean treasury bonds in 3 days after WGBI inclusion

More than 4.4 trillion won (2.9 billion) in foreign capital has flowed into South Korea's bond market this week, financial authorities said Thursday, as the country began its phased inclusion in a key global government bond index managed by FTSE Russell. On Wednesday, the country began its eight-month inclusion in the World Government Bond Index, a move authorities believe will help stabilize the bond and foreign exchange markets.