Japanese media: The South Korean government will issue samurai bonds for the first time to accelerate financial cooperation between Japan and South Korea

According to Japan's Jiji Press reported on the 16th, the South Korean government will issue samurai bonds for the first time. According to the report, the South Korean government’s move aims to accelerate the financial cooperation between the two countries by virtue of the momentum of the normalization of their diplomatic relations. According to the report, the South Korean government will issue samurai bonds in mid-September, and the amount of issuance is currently expected to reach 20 billion yen. Samurai bonds are yen-denominated bonds issued in Japan by foreign institutions, and if the South Korean government implemented the move, it will invigorate financial cooperation between Japan and South Korea.