Korean central bank to sell ₩11T of MSBs in February
Published: 30 Jan. 2023, 19:25
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.
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.
with the Korea JoongAng Daily
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