South Korea Triples Foreign-Bond Issuance Cap to $5 Billion Amid Currency Stabilization Efforts
South Korea has more than tripled its foreign-currency bond issuance cap to $5 billion as part of its 2026 budget plan, a sharp increase from the previous $1.4 billion ceiling. The MOVE aims to stabilize the won and attract foreign investors amid rising dollar demand following a $350 billion U.S. investment deal.
The government will issue bonds with maturities ranging from 2 to 50 years, targeting both short-term and long-term investors. Proceeds will be used to manage currency pressure and support foreign exchange market stability. Credit rating agencies' strong assessments of South Korea have bolstered confidence in these offerings.