South Korea's Deputy Prime Minister and Minister of Economy and Finance Lee Hyoung-il called for a review of the country's emerging market classification in the Bloomberg Global Aggregate Index during a meeting with Bloomberg Asia-Pacific head Bing Li. The request cited South Korea's economic standing, growth in its government bond market and improved access for foreign investors. South Korea has been included in the Bloomberg Global Aggregate Index since 2002. Lee highlighted improvements in market access associated with the country's April 2026 inclusion in the World Government Bond Index. He also cited its classification as an advanced economy by the International Monetary Fund and the World Bank, asking Bloomberg to reflect these developments in future country classification reviews. Lee also requested support through Bloomberg's financial information and media channels for communication between the government and global investors. He linked that request to efforts to translate foreign exchange and capital market reforms into increased investment.
South Korea's Ministry of Economy and Finance calls for review of the country's emerging market classification in Bloomberg bond index
South Korea's Deputy Prime Minister and Minister of Economy and Finance Lee Hyoung-il urged Bloomberg to reconsider the country's emerging market classification in its Global Aggregate Index during a meeting with Asia-Pacific head Bing Li. He cited South Korea's economic standing and improved foreign investor access, including developments associated with its April 2026 entry into the World Government Bond Index. Lee also sought Bloomberg's support in communicating market reforms to global investors.