Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 25 years of experience in analyzing hundreds of companies, especially in Asia. Deep expertise in the following sectors:
- Technology (E-commerce, SaaS, Internet)
- Consumer 
- Special Situations/Deep Value Plays
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Cross Asset Strategy

<ul>
<li>There has been a worrisome sign brewing in the Korean bond market in the past several months which is the Bank of Korea (BOK) continuing to buy Korean government bonds.</li>
<li>Three weeks after the BOK raised interest rates on 14 January, the BOK purchased 2 trillion won worth of additional Korean government bonds in early February. </li>
<li>The BOK buying more Korean government bonds is like an owl devouring a rat without vomiting the bones. </li>
</ul>


There has been a worrisome sign brewing in the Korean bond market in the past several months which is the Bank of Korea (BOK) continuing to buy Korean government bonds.
Three weeks after the BOK raised interest rates on 14 January, the BOK purchased 2 trillion won worth of additional Korean government bonds in early February. 
The BOK buying more Korean government bonds is like an owl devouring a rat without vomiting the bones. 


BOK Buying More Government Bonds Is Like an Owl Devouring a Rat Without Vomiting the Bones