BOK "Expanding Short-Term Liquidity Supply"Purchase RP from today"

The Bank of Korea has started buying repurchase bonds, RP to provide short-term funds to the market.

The Bank of Korea's Monetary Policy Committee held an extraordinary meeting earlier today on the declaration and lifting of martial law and voted to make RP purchases at sufficient scale in a sufficient period of time to stabilize the market.

The BOK decided to quickly stabilize the market by purchasing RP as the financial market was unstable due to the impact of the declaration and lifting of martial law.

RP, repurchase agreement purchase is one of the liquidity supply measures that the Bank of Korea holds securities as collateral and funds them to financial institutions.

The scope of RP trading has also been expanded to include all branches of domestic banks and foreign banks, as well as all investment traders and investment brokers, and Korea Securities Finance.

In addition, the Bank of Korea has decided to push for simple purchases of treasury bonds and redemption of Tongan Securities to supply short-term liquidity.