South Korea to announce measures to improve FX liquidity by end of year

[forex4you]

South Korea to announce measures to improve FX liquidity by end of year

I posted this from South Korea's Finance Ministry over the weekend:

South Korean Finance Minister vows bold and swift measures to address financial mkt swings

More now from South Korea's finance ministry and regulators Monday statement, will make all-out efforts to
stabilise financial markets by deploying contingency plans
announced earlier and preparing fresh measures to improve
foreign exchange market liquidity by end-December.

• Will
  work with the Bank of Korea on outright purchase of Korea Treasury Bonds (KTBs) if needed
  
• Will announce measures to improve fx liquidity in before end of
  December

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Korea Treasury Bonds (KTBs):

• government securities issued by South Korea's Ministry of Economy and Finance
• a primary tool for the government to finance its expenditures and manage national debt
• KTBs are available in various maturities, including 2-year, 3-year, 5-year, 10-year, 20-year, 30-year, and 50-year terms
• issuance and management of KTBs are overseen by the Government Bond Policy Division

                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: South Korea to announce measures to improve FX liquidity by end of year

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