On Dec. 4, SK CB revised open market operation rules for RP trading.
SK CB revised Open market operation regulations, to promote prompt financial market stabilization by expanding the securities subject to repurchase agreement (RP) trading.
Add industrial finance bonds, SME finance bonds, export-import finance bonds, special bonds issued by 9 public institutions, agricultural finance bonds, fisheries finance bonds, financial bonds under the Banking act to securities for open market operation.
However, the trading of the bonds above is confined to repurchase agreement trading.
Exclude self-issued bonds, bonds issued by affiliated companies from securities subject to trading, to manage SK CB's credit risk; establish measures to ensure that the credit risk of additionally selected securities does not place an excessive burden on SK CB.
Effectiveness
The revised regulations will be effective from Dec. 4, 2024 until Feb. 28, 2025.
