BOK-bond issuance
BOK to sell 11 tln won worth of monetary stabilization bonds in Feb.
SEOUL, Jan. 30 (Yonhap) -- South Korea's central bank said Monday it will sell 11 trillion won (US$8.96 billion) worth of monetary stabilization bonds (MSBs) in February.
The amount is 1 trillion won larger than the MSB sale planned for this month, according to the Bank of Korea.
The MSB is a policy tool devised to control excess liquidity in the markets. It is sold to financial institutions and individuals.
(END)
(C) Yonhap News Agency. All Rights Reserved
