9.9 trillion won of monetary stabilization bonds to be issued in Oct.

JIN MIN-JI JIN MIN-JI

Published September 29, 2022 - 6:18 p.m.

Bank of Korea Gov. Rhee Chang-yong [NEWS1] — Bank of Korea Gov. Rhee Chang-yong

The Bank of Korea is issuing 9.9 trillion won ($6.9 billion) in monetary stabilization bond in October, it announced Thursday.

That is 1.1 trillion won more than the amount issued in September.

Monetary stabilization bonds are used to control liquidity.

BY JIN MIN-JI [[email protected]]

korea business bok bank of korea money monetary stabilization bond