South Korea to allow local financial institutions to issue covered bonds

South Korea

The South Korean covered bond market is set to boom as the country looks to pass legislation to allow local financial institutions to issue these instruments.

On June 21, the Financial Services Commission (FSC) released its timetable for implementation. The draft bill of the Covered Bond Act is set to be released in July with final submission to the South Korean parliament set for November 2012. Therefore, local Korean issuance of covered bonds under the legislative framework is likely before

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: