Bank of Korea to Purchase 2 Trillion Won in Government Bonds to Address Interest Rate Volatility
[Asia Economy Reporter Seo Sojeong] The Bank of Korea announced on the 4th that it will conduct a simple purchase of government bonds worth 2 trillion won to respond to the increased volatility in interest rates. The auction is scheduled to be held on the 7th.
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A Bank of Korea official said, "We expect this simple purchase measure to contribute to easing market interest rate volatility."
This content was produced with the assistance of AI translation services.
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