The Bank of Korea (BOK) announced on Thursday plans to issue Monetary Stabilisation Bonds (MSB) worth approximately 7.9 trillion won in October 2024. The issuance will consist of two components: a competitive bidding component worth 7.2 trillion won and a fixed rate tender component worth 0.6 to 0.7 trillion won. MSBs, issued by the Bank of Korea, have relatively long maturities. They are thus used as a structural adjustment tool whose policy effects are long lasting. Attribution: Bank of Korea statement Subediting: M. S. Salama Download