Extension of Listing Fee Exemption Period for Socially Responsible Investment Bonds (SRI Bonds)
To promote ESG (Environmental, Social, and Governance) investment, the exemption period for listing fees and annual charges for Socially Responsible Investment (SRI) bonds will be extended by two years.
The Korea Exchange announced that it will extend the exemption period for listing fees and annual charges for Socially Responsible Investment bonds until June 14, 2025, to encourage the issuance and listing of SRI bonds.
Since June 2020, the Korea Exchange has implemented a policy exempting listing fees and annual charges for SRI bonds for three years. Through this fee exemption policy, companies listing SRI bonds (approximately 200 companies in total) have saved a total of 2 billion KRW in listing costs.
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With the extension of the fee exemption period, companies listing SRI bonds will be able to reduce their financing costs, which is expected to further activate the issuance and listing of Socially Responsible Investment bonds.
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