The Bank of Korea, established in 1950 and headquartered in Seoul, serves as the central bank for South Korea, primarily responsible for formulating and implementing monetary policy. It plays a critical role in stabilizing the nation's financial system and managing inflation, while also overseeing the issuance of currency and the regulation of payment systems.
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The Bank of Korea has been issuing government bonds since its inception, with the first issuance taking place in 1956. In recent years, notable bond offerings include the benchmark Korean Treasury Bonds, which currently yield around 2.5%, positioning them competitively within the Asia-Pacific region. The central bank also introduced the Green Bond program in 2021, aimed at funding environmentally sustainable projects, while maintaining transparency and commitment to investors.