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| The headquarters of the Bank of Korea (BOK) in central Seoul / gettyimagesbank |
Korea's central bank said Thursday it will issue a larger amount of monetary stabilization bonds (MSBs) in October from a month earlier to better manage market liquidity.
The Bank of Korea (BOK) said it plans to sell 9.9 trillion won (US$6.89 billion) worth of MSBs next month, compared with 8.8 trillion won worth of bonds scheduled to be sold this month.
The MSB is a policy tool devised to control excess liquidity in the markets. It is sold to financial institutions and individuals. (Yonhap)
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