Securities
include stocks, depository receipts issued
by the Korea Securities Depository based
on the underlying shares of foreign companies,
certificate of preemptive right, bonds,
Won-denominated bonds issued by foreign
corporations, stock index futures and options,
and beneficiary certificates.
Money market instruments include commercial
papers (CP), certificates of deposit (CD),
bonds with repurchase agreements (RP), commercial
bills, trade bills, covered bills and bills
issued by merchant banks. Of these, foreigners
may trade CP, CD, RP through securities
firms
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