Intelligence Feed event · Macro · 2026-07-19

    South Korea moves to internationalise won with new FX market and collateral rules

    Question

    South Korea moves to internationalise won with new FX market and collateral rules

    Direct answer

    Supports liquidity and depth in KRW markets, potentially narrowing basis in USDKRW cross-currency swaps and affecting demand for KTBs.

    Original publisher
    Market Ontology
    Evidence through
    2026-07-19
    Published
    2026-10-20
    Revision
    1 · 2026-10-20

    Cite as: Market Ontology, “South Korea moves to internationalise won with new FX market and collateral rules”, revision 1, evidence through 2026-07-19. https://marketontology.com/market-events/2026-07-19/south-korea-moves-to-internationalise-won-with-new-fx-market-and-collateral-rule-c35a11

    MACRO
    South Korea moves to internationalise won with new FX market and collateral rules
    Supports liquidity and depth in KRW markets, potentially narrowing basis in USDKRW cross-currency swaps and affecting demand for KTBs.
    USDKRWKRW KTB 3YKRW KTB 10YKOSPI
    Impact
    75
    JUL 19
    SIG
    USDKRWKRW KTB 3YKRW KTB 10Y
    South Korea moves to internationalise won with new FX market and collateral rules
    Supports liquidity and depth in KRW markets, potentially narrowing basis in USDKRW cross-currency swaps and affecting demand for KTBs.
    Impact
    Supports liquidity and depth in KRW markets, potentially narrowing basis in USDKRW cross-currency swaps and affecting demand for KTBs.
    Affected
    USDKRWKRW KTB 3YKRW KTB 10YKOSPI
    Source facts

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    What happened next

    Price follow-up pending — no stored daily closes for these assets yet.

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    Sources

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