Bank of Korea to Issue Up to 5.5 Trillion Won in Monetary Stabilization Bonds Next Month
The Bank of Korea announced on January 29 that it plans to issue Monetary Stabilization Bonds (hereafter referred to as MSBs) worth up to 5.5 trillion won next month.
MSBs are securities issued by the Bank of Korea to financial institutions or the general public in order to manage liquidity.
Of the 5.5 trillion won, 5 trillion won will be issued through competitive bidding, while the remaining 400 billion to 500 billion won will be issued through a subscription method.
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The issuance volume is 1.5 trillion won less than this month.
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