Yonhap Infomax NewsSouth Korea's short-term money market faces same-day reserve shortage on the 16th as treasury surplus fund withdrawal of 3 trillion won outweighs fiscal spending inflows, with overnight call rate at 2.538% and banks expected to show borrowing demand over the weekend.
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[Short-Term Money Market Analysis (16th)] Same-Day Reserve Shortage
South Korea's short-term money market faces same-day reserve shortage on the 16th as treasury surplus fund withdrawal of 3 trillion won outweighs fiscal spending inflows, with overnight call rate at 2.538% and banks expected to show borrowing demand over the weekend.