SEOUL, June 26 (Yonhap) -- South Korea's central bank said Thursday it will sell up to 7.2 trillion won (US$5.31 billion) worth of monetary stabilization bonds (MSBs) in July.
The planned issuance represents a 600 billion-won increase from a month earlier, according to the Bank of Korea (BOK).
As policy tools devised to absorb excess liquidity in the market, MSBs are sold to financial institutions and individuals.
This file photo taken April 27, 2023, shows the headquarters of the Bank of Korea in Seoul. (Yonhap)
graceoh@yna.co.kr(END)
https://img.yna.co.kr/etc/inner/EN/2025/06/26/AEN20250626010200320_01_i_P2.jpgSEOUL, June 26 (Yonhap) — South Korea’s central bank said Thursday it will sell up to 7.2 trillion won (US$5.31 billion) worth of monetary stabilization bonds (MSBs) in July.
The planned issuance represents a 600 billion-won increase from a month earlier, according to the Bank of Korea (BOK).
As policy tools devised to absorb excess liquidity in the market, MSBs are sold to financial institutions and individuals.
This file photo taken April 27, 2023, shows the headquarters of the Bank of Korea in Seoul. (Yonhap)
graceoh@yna.co.kr
(END)
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