[Image source=Yonhap News]

[Image source=Yonhap News]

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[Asia Economy Reporter Seo So-jeong] The Bank of Korea announced on the 29th that it plans to issue 7.8 trillion won worth of Monetary Stabilization Bonds next month.


This amount is 2.1 trillion won less than the issuance plan for this month (2-year bonds +300 billion won, 91-day bonds -2.4 trillion won).


The amount scheduled for competitive bidding issuance is 6.7 trillion won, and the amount scheduled for subscription issuance is 1.1 trillion won.



Monetary Stabilization Bonds are short-term securities issued by the Bank of Korea to financial institutions or the general public to regulate the money supply.


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