for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Company News

S.Korea c.bank to conduct outright purchase of $1.3 bln worth t-bonds

SEOUL, Aug 28 (Reuters) - South Korea’s central bank said on Friday it will conduct outright purchases of treasury bonds worth 1.5 trillion won ($1.27 billion) to stabilise the bond market.

The bank also said it will target two different maturities, the 10- and 20-year, in its auction which will take place on Aug. 31.

$1 = 1,183.7700 won Reporting by Joori Roh; Editing by Muralikumar Anantharaman

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up