Korean securities to settle on Euroclear

Investors using Euroclear now have access to Korean securities through a new link established between Europe's central securities depositories (CSD) and the Korea Securities Depository (KSD). Having gone live this week, the connection between the European and Korean CSDs is Euroclear's tenth in Asia. Under the agreement, the firm provides custody, settlement and related services to investors in Korean treasury bonds (KTBs) and monetary stabilisation bonds. "The Korean government is …