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Bond issuance, redemption & entitlements

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Frame of Image  KSD as a Bond Registrar -------------------------------------------------6 2. KSD as a Bond Depository -----------------------------------------------7 3. The linkage between a bond registrar and a bond depository-----8
III. KSD’s Bond Services -----------------------------------12
1. KSD's bond related service----------------------------------------------12 2. Deputy works on behalf of beneficial owners------------------------17
Ⅰ. Bond Issuing and Redemption
1. Bonds Classification
□ Korea Bonds market is the second largest in Asia. Bonds in Korea are classified, according to issuer, into three major categories such as Corporate bonds, Government bonds, Special public bonds. By yearend 2005, the total outstanding amount of KRX-listed bonds reached 731 trillion (US $ 769 billion). Public bonds account for 72% and Corporate bonds amount to 28%.
1) Public Bonds
□ Public Bonds are classified into Government Bonds and Special Public Bonds. i) Government Bonds □ Government Bonds consist mainly of Treasury Bonds (the Budget and Account Act) and National Housing Bonds (the Housing Construction Promotion Act) and Foreign Exchange Stabilization Bonds(the Foreign Exchange Stabilization Fund Act). ii) Special Public Bonds □ Special Public Bonds consist mainly of Seoul Metropolitan Rapid Transit Corporation Bonds (the City railroad Act) and Regional Development Bonds (the Regional Self-Government Act) and Monetary Stabilization Bonds (by the Bank of Korea) and Financial Debentures(by v
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Title Bond issuance, redemption & entitlements
Similar Titles
Material Type Proceedings
Date 2006
Pages 29
Language English
File Type Documents
Original Format pdf
Subject Economy < Financial Policy
Holding KDI School of Public Policy and Management