UPDATE 1-S.Korea sets up $8.2 bln special purpose vehicle to stabilise bond market
South Korea on Wednesday said the
government and the central bank will set up a 10 trillion won
($8.2 billion) special purpose vehicle (SPV) to directly
purchase commercial paper, to calm a local debt market hammered
by the coronavirus pandemic.
government and the central bank will set up a 10 trillion won
($8.2 billion) special purpose vehicle (SPV) to directly
purchase commercial paper, to calm a local debt market hammered
by the coronavirus pandemic.
Posted by Reuters
