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Business & Finance

South Korea central bank awards all planned 2.5 tn won in facility

SEOUL : The Bank of Korea offered 2.50 trillion won ($2.3 billion) through a 23-day term deposit facility as planned on
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By Shoaib Ur Rehman
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south_koreaSEOUL: The Bank of Korea offered 2.50 trillion won ($2.3 billion) through a 23-day term deposit facility as planned on Tuesday, the central bank said.

The auction drew bids totalling 3.46 trillion won and settled at a yield of 3.35 percent.

 

Copyright Reuters, 2011

 

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