Korea raises money from pensions for market stabilization fund

The government will approach public and private pension funds to raise W1.5 trillion by the end of this month.
October 17, 2000

The Korean government is hoping to raise at least W1.5 trillion ($1.33 billion) for the introduction of a stock market stabilization fund by the end of this month, said a finance ministry official following a ministerial meeting on Saturday.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media