March 18, 2020 / 12:11 PM / 18 days ago

S.Korea c.bank to conduct 1 trln won repo operation on Thursday

SEOUL, March 18 (Reuters) - South Korea’s central bank said on Wednesday it would hold a repo auction for 1 trillion won ($793.5 million) on Thursday to add fresh capital into brokerages.

The repo auction will take place at 10 a.m. on Thursday. ($1 = 1,260.2900 won) (Reporting by Cynthia Kim and Joori Roh Editing by Mark Heinrich)

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