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seosan08

Joined: 10 Oct 2008 Location: Korea
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Posted: Mon Oct 13, 2008 4:35 pm Post subject: Anyone Bought Korean Bonds? |
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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.
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Posted: Mon Oct 13, 2008 5:00 pm Post subject: |
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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
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Posted: Mon Oct 13, 2008 6:10 pm Post subject: |
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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.
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Posted: Mon Oct 13, 2008 6:57 pm Post subject: |
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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
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Posted: Mon Oct 13, 2008 8:32 pm Post subject: |
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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.
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Posted: Tue Oct 14, 2008 4:41 pm Post subject: |
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I don't know. The guy I talked to spoke English. Sorry... |
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