美韩贸易协议刺激美元需求 韩国大幅提高2026年外汇稳定债券发行上限

Core Points - South Korea is increasing its annual foreign exchange stabilization bond issuance limit from $1.4 billion to $5 billion for 2026, more than doubling the original plan, in response to rising dollar demand due to a trade agreement with the U.S. [1] - The issuance of foreign exchange stabilization bonds aims to address currency fluctuations and capital outflow pressures, with a commitment to invest $350 billion in the U.S. and limit annual dollar outflows to $20 billion [1] - The South Korean government is taking measures to boost foreign exchange reserves, including issuing $1.7 billion in Samurai and U.S. dollar bonds and €1.4 billion (approximately $1.6 billion) in euro bonds [1] Financial Ratings and Currency Trends - Moody's, S&P Global, and Fitch have rated South Korea's sovereign debt at Aa2, AA, and AA- respectively, indicating strong creditworthiness [2] - The South Korean won has depreciated over 7% against the U.S. dollar in the second half of the year, reaching its lowest level in 16 years, making it the worst-performing Asian currency during this period [2] - The South Korean government is concerned about the increasing uncertainty in the foreign exchange market and is actively considering all available tools to address the depreciation of the won [2] Government Response and Measures - An emergency meeting was convened on November 24 by multiple government departments, led by the Ministry of Finance, to discuss specific measures to stabilize the foreign exchange market [2] - The meeting focused on effectively alleviating the depreciation pressure on the won and evaluating potential intervention strategies [2]