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Government issues foreign exchange bonds for the first time in 21 years

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(Seoul-Yonhap Infomax) Reporter Choi Jin-woo = Inside the government paper
Year Won Foreign Exchange Equalization Fund Bonds (Foreign Exchange Balance Bonds)
The budget has been confirmed to be 20 trillion won: the government announced on the 27th
Announcement of ‘2025 budget plan’ containing these contents
In order to raise foreign currency funds, the government
It has been decided to issue won foreign exchange chattel starting this year. 21
It’s been a year
August 27, 2024
EFGva:
httpsIlnewseinfomax com.kr
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Won-denominated foreign exchange bonds, which did not reach even 1 won this year, will be issued next year.
Article 20
Yonhap Infomax
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Foreign Exchange Balancing Fund Bonds (Gahoe #Peoju *Kikasup Chul-)
The Minister of Strategy and Finance holds the issuance authority and issues
Issued by the government of the Republic of Korea to stabilize the market
Most of the government bonds guaranteed are foreign exchange-exchanged through this.
By creating a penal fund, the government uses this fund to
Implementation of open market operations, including preventing exchange rate fluctuations
Do:
Sep 19, 2024

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