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博彩平台网址大全:S.Korea finmin reaffirms will to stabilise local bond market

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"The government and central bank will take emergency measures of treasury bond buy-backs or repurchase schemes at an appropriate time in case there is excessive movement in the local bond market," finance minister Choo Kyung-ho said during a policy meeting with other top economic officials.

SEOUL: South Korea's finance minister on Thursday reaffirmed the government's determination to stabilise the local bond market in case of increased volatility with fast-rising interest rates.

"The government and central bank will take emergency measures of treasury bond buy-backs or repurchase schemes at an appropriate time in case there is excessive movement in the local bond market," finance minister Choo Kyung-ho said during a policy meeting with other top economic officials.

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South Korea's finance minister, central bank governor and financial regulator chief attended the meeting to discuss local market implications of the U.S. Federal Reserve's 75 basis point interest rate hike on Wednesday.

Financial market authorities will also revisit other stabilising measures used during past economic crises in the event of excessive one-sided price swings, the minister added.- Reuters


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  • 2022-09-04 00:14:49

    Themed "A Journey Towards Energy Transition”, the seminar seeks to highlight the collective roles and efforts across the public and private sectors in developing and supporting the country’s UN SDG targets. "Together, TNB and EPU seek to focus the attention on the nation’s goal to ensure access to affordable, reliable, sustainable, and clean energy," said TNB in a statement.作者三观很好