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S KOREAN GOVT TO BOLSTER BOND MARKET.

AsiaPulse News

| April 01, 2002 | COPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, April 1 Asia Pulse - The government has decided to improve transparency in the bond market before the end of June by introducing an electronic bond transaction system, strengthening the coordination of over-the-counter bond transactions and adopting other new measures.

Government officials and scholars attending a Financial Policy Deliberation Committee meeting also decided to revise the stock market system for more effective management.

The government will form a body to prepare for the Jan. 1, 2004, transfer of index-related futures transactions from the Korea Stock Exchange to the Korea Futures Exchange.

It will also establish a system to link the transaction systems of the stock and futures markets.

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Source: HighBeam Research, S KOREAN GOVT TO BOLSTER BOND MARKET.

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