Yonhap Infomax NewsSouth Korea’s short-term money market is expected to post an excess reserve balance on the 11th, driven by large-scale Bank of Korea RP purchases and fiscal disbursements, while the overnight call rate remains steady at 2.520% amid tight repo market conditions.
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[Short-term Money Market Analysis]Excess Reserve Balance Expected in South Korea's Money Market on the Day
South Korea’s short-term money market is expected to post an excess reserve balance on the 11th, driven by large-scale Bank of Korea RP purchases and fiscal disbursements, while the overnight call rate remains steady at 2.520% amid tight repo market conditions.