S.Korea c.bank accepts $4.23 bln in bids for 91-day repo operation
South Korea’s central bank said
on Thursday it accepted 5.25 trillion won ($4.23 billion) in
bids from financial institutions for 91-day repurchase (repo)
agreements at the rate of 0.78%, a move intended to calm money
markets hammered by the coronavirus pandemic.
on Thursday it accepted 5.25 trillion won ($4.23 billion) in
bids from financial institutions for 91-day repurchase (repo)
agreements at the rate of 0.78%, a move intended to calm money
markets hammered by the coronavirus pandemic.
Posted by Reuters
