The Bank of Korea announced on the 29th that it plans to issue 8.6 trillion won worth of monetary stabilization securities (money securities) next month.
Of these, 7.4 trillion won will be issued through competitive bidding and 1.2 trillion won will be issued through solicitation.
In July, the size of the midterm redemption of MSBs was 4 trillion won.
The bidding date for MSBs to be issued is July 4-25 in the case of competitive bidding and the 27th in the case of solicitation.
The bidding dates for MSBs for early redemption are July 7th and 19th.
However, since the issuance plan may be modified depending on the open market operating conditions and bond market conditions, the final bid information announced on the business day before bidding should be checked.
MSBs are short-term securities issued by the Bank of Korea to financial institutions and the general public to control the money supply.
Liquidity increases when the issuance of MSBs decreases and the volume of redemption increases, and vice versa.
/yunhap news
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