South Korea: Internal settlement in KRW available for KGBs and MSBs

30.07.2024

Clearstream Banking1 informs clients that effective 

immediately

internal settlement in Korean Won (KRW) for Korean government bonds (KGBs) and monetary stabilisation bonds (MSBs) on Clearstream Banking’s new direct link (dep 2K) to the South Korean market is available.

Clients can settle KGBs and MSBs against payment in KRW with eligible counterparties in Clearstream Banking.

Further information

The Market Link Guide – KGBs and MSBs will be updated accordingly.

For further information, clients may contact Clearstream Banking Client Services or their Relationship Officer.

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1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for Clearstream Banking AG clients using Creation accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.