The Bank of Korea Conducts Simple Purchase of 3 Trillion Won in Government Bonds
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[Asia Economy Reporter Seo So-jeong] The Bank of Korea will conduct a simple purchase of government bonds worth 3 trillion won.
On the afternoon of the 28th, the Bank of Korea announced on its official website that it will carry out a simple purchase of government bonds in response to the recent increase in interest rate volatility.
The securities to be purchased include 3-year, 5-year, and 10-year government bonds.
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The purchase method will be a competitive bidding (electronic bidding through the Bank of Korea Financial Network) conducted for 10 minutes starting at 10 a.m. on the 29th.
This content was produced with the assistance of AI translation services.
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