Korea Capital Market Institute

Recent Changes in Government Bond Issuance Strategies in Major Economies and Their Implications [Research Fellow] Jung, Whayoung Major economies face changing conditions for government bond issuance as fiscal financing needs remain high, central banks reduce their bond holdings, and investor demand for long-dated bonds weakens. The United States is making greater use of short- and medium-term securities and T-bills, while Japan is reducing the share of super-long-term issuance and preparing to introduce ... Performance and Market Shares of Retirement Pension Providers [Research Fellow] Hong, Wonku Korea’s retirement pension market has grown rapidly, with total assets reaching KRW 501.4 trillion at the end of 2025. While the share of defined benefit (DB) plans has declined, defined contribution (DC) plans and individual retirement pension (IRP) accounts have expanded rapidly, along with investment in performance-linked products such as funds, target date funds (TDFs), and...