Yonhap Infomax NewsThe Bank of Korea clarified that its 1.5 trillion won ($1.13 billion) government bond purchase was solely to secure securities for RP operations, not to ease interest rate volatility, as bond yields surged amid global tightening concerns.
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Bank of Korea Draws Clear Line—'Outright Bond Purchases Not Aimed at Easing Rate Volatility'
The Bank of Korea clarified that its 1.5 trillion won ($1.13 billion) government bond purchase was solely to secure securities for RP operations, not to ease interest rate volatility, as bond yields surged amid global tightening concerns.