CITIC Securities: Inclusion of South Korean government bonds in WGBI is expected to bring 50-60 billion USD in passive funds

Golden Ten Data reported on March 4th that CITIC Securities' research report stated that South Korean government bonds will officially begin the WGBI inclusion process in April 2026. Considering that the current inflation risk in South Korea has stabilized, fiscal conditions are relatively sound, there is potential for additional gains in the Korean won exchange rate, and our calculations estimate that the inclusion in WGBI is expected to bring 50-60 billions USD in passive capital investment, resulting in a highly certain incremental buying force, we recommend early positioning and suggest making South Korean government bonds a key focus for global investors' overseas capital allocation.