Bonds
FTSE Delays Korea Inclusion in Major Bond Gauge By 5 Months
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FTSE Russell pushed out the start date for adding South Korea to its flagship bond index by five months to April 2026, a move billed as a bid to make life easier for investors but that may add to pressure on the currency.
Accession to the World Government Bond Index will be completed over eight months and finish in November 2026, FTSE Russell said, adding there was still “strong support” among market participants for the inclusion. The deadline for concluding the process is unchanged but it will occur over a shorter period than initially announced, according to the London-based group.