▲ Bank of Korea
The Bank of Korea announced today (October 29) that it plans to issue up to KRW 7.5 trillion worth of Monetary Stabilization Bonds next month.
Of this total, KRW 6.8 trillion will be issued through competitive bidding, while the remaining KRW 500 billion to KRW 700 billion will be issued via public offering.
Monetary Stabilization Bonds worth KRW 1.2 trillion will be subject to early redemption next month.
Monetary Stabilization Bonds are securities issued by the central bank to financial institutions such as banks or to the general public in order to regulate the money supply.
(Photo: Yonhap News)
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An Huijae
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