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S. Korea's key interest rate unchanged at 0.75% in April; BOK to boost liquidity

2020-04-09 48 Dailymotion

한국은행, 4월 기준금리 0.75%로 동결...공개시장운영 대상증권에 특수은행 포함<br /><br />The Bank of Korea has kept its benchmark interest rate unchanged at point-seven-five percent for April.<br />This follows the central bank's decision last month to slash rates at an emergency meeting called as a result of the COVID-19 outbreak.<br />The central bank says it has opted to monitor the impact of the measures already in place.<br />To boost market liquidity,... it will expand the scope of bonds it can buy up.<br />Three more bonds issued by special banks will be included, including industrial financial debentures.<br />In addition, it will also cover mortgage backed securities issued by the Korea Housing Finance Corporation.<br />The central bank will also expand bonds eligible for repurchase agreements.<br />

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