South Korea's Ministry of Economy and Finance held the fifth meeting of its task force on ongoing WGBI monitoring and investor outreach to assess April inflows following South Korea's WGBI inclusion. Foreign investors were net buyers of Korean Treasury bonds worth KRW 10.0 trillion on a trade-date basis between 30 March and 27 April, or KRW 7.9 trillion on a settlement basis between 1 April and 27 April. The ministry also pointed to increased participation by long-term investors such as pension funds and stronger demand for medium- and long-dated bonds. The meeting included the Financial Services Commission, the Bank of Korea, the Financial Supervisory Service and the Korea Securities Depository. The gap between trade-date and settlement figures reflects bond settlement lags that can range from same day to 30 days. Ahead of a higher WGBI inclusion weight in May, the government said further inflows are expected and it will continue regular monitoring of foreign investment and investor relations outreach to identify and address operational issues.