New Government Bond Futures Listed for the First Time in 16 Years, '30-Year Government Bond Futures' Launched
Expectations for Revitalization of Ultra-Long-Term Government Bond Trading
The Korea Exchange held a '30-Year Government Bond Futures Market Listing Ceremony' at its Seoul office and announced the commencement of trading for the 30-year government bond futures on the 19th. The ceremony was attended by Kim Eon-seong, Director of Fiscal Management at the Ministry of Strategy and Finance, along with market makers from six securities firms and representatives of specialized government bond dealers.
On the 19th, key attendees are taking a commemorative photo at the listing ceremony held in the conference hall of the Korea Exchange Seoul building. (From left) Lee Seong-hee, Vice President of KB Kookmin Bank; Lee Seok-gi, CEO of Kyobo Securities; Kim Eon-seong, Director of Fiscal Management at the Ministry of Economy and Finance; Jang Won-jae, CEO of Meritz Securities; Lee Kyung-sik, Head of Derivatives Market Division at Korea Exchange; Kim Sang-tae, CEO of Shinhan Investment Corp.; Eom Ju-seong, CEO of Kiwoom Securities.
Photo by Korea Exchange
Lee Kyung-sik, Head of the Derivatives Market Division (Vice President) at the Korea Exchange, stated, "The listing of the 30-year government bond futures is expected to elevate the status of South Korea's government bond market, and the Exchange will faithfully fulfill its fundamental role." He also requested the support and interest of all market participants for the successful establishment of the 30-year government bond futures.
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The 30-year government bond futures March contract opened at 130.58 won on the day and, as of 12 PM, recorded a trading value of 653.3 million won and 2,007 bid orders.
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