Korean central bank to sell ₩11T of MSBs in February

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Korean central bank to sell ₩11T of MSBs in February

Korea's central bank said Monday it will sell 11 trillion won ($8.96 billion) 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.
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