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S. Korea seeks to allow bond naked short-selling
SEOUL, Nov. 20 (Yonhap) -- South Korea's financial watchdog said Friday it is moving to allow local and foreign banks to short-sell bonds, a step likely aimed at attracting foreign bond buying.
South Korea has effectively restricted banks from so-called "naked short selling," in which investors unload bonds they do not own anticipating price falls, prodding them instead to beef up risk management.
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