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North Korea , Thursday 16 April 2026

Junk Bond Funds in Korea May Have Just Gotten a $2 Billion Boost

Published on: Tuesday 09 May 2023

Junk Bond Funds in Korea May Have Just Gotten a $2 Billion Boost (Bloomberg) -- South Korea has come up with a novel way of ensuring that weaker companies get cash during economic slumps: it’s offering tax incentives to investors in high-yield debt funds.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Belt and Road Pact as Ties SourVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollUS Inflation Shows Signs of Moderating


News source: https://finance.yahoo.com/news/junk-bond-funds-korea-may-012329438.html

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