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Anyone Bought Korean Bonds?

 
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seosan08



Joined: 10 Oct 2008
Location: Korea

PostPosted: Mon Oct 13, 2008 4:35 pm    Post subject: Anyone Bought Korean Bonds? Reply with quote

Just wondering, I was looking at Korean bonds and was considering Korean currency stabilization bonds. I seem to recall this series of bonds paid well in 1997 and may do so again when the crash comes. Anyone ever bought bonds in Korea?
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poet13



Joined: 22 Jan 2006
Location: Just over there....throwing lemons.

PostPosted: Mon Oct 13, 2008 5:00 pm    Post subject: Reply with quote

I bought some 10 million won bonds (actually, Time Deposits) last week. yaing 6.3% with 15% Tax. Net yield will be about 5.2%
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seosan08



Joined: 10 Oct 2008
Location: Korea

PostPosted: Mon Oct 13, 2008 6:10 pm    Post subject: Reply with quote

poet13 wrote:
I bought some 10 million won bonds (actually, Time Deposits) last week. yaing 6.3% with 15% Tax. Net yield will be about 5.2%


How did you go about doing it?
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poet13



Joined: 22 Jan 2006
Location: Just over there....throwing lemons.

PostPosted: Mon Oct 13, 2008 6:57 pm    Post subject: Reply with quote

I went into my bank (KB) with my ARC, passbook, and passport, adn was done in less than ten minutes.
You receive a new bank book, and receipt.
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Temporary



Joined: 13 Jan 2008

PostPosted: Mon Oct 13, 2008 8:32 pm    Post subject: Reply with quote

Whats the name for Korean Bonds? In Korean.. Or Romanized?
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poet13



Joined: 22 Jan 2006
Location: Just over there....throwing lemons.

PostPosted: Tue Oct 14, 2008 4:41 pm    Post subject: Reply with quote

I don't know. The guy I talked to spoke English. Sorry...
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