Business & Finance
South Korea central bank to make outright purchase of $1.7 bln worth T-bonds
- The bank added that it would target three different maturities, the 5-, 10- and 20-year, in an auction set for Thursday.
SEOUL: South Korea's central bank said on Wednesday it would make outright purchases of treasury bonds worth about 2 trillion won ($1.72 billion) to stabilise the bond market.
The bank added that it would target three different maturities, the 5-, 10- and 20-year, in an auction set for Thursday.
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