South Korea to Trim Long Term Bond Sales as Part of June Cut South Korea's decision to trim long term bond sales has sent shockwaves through global financial markets.
The move is a response to slowing economic growth and rising inflation concerns, which have prompted the Bank of Korea (BOK) to implement a series of interest rate cuts in recent months.
The June Cut: A Monetary Policy Adjustment The BOK's June cut was its third consecutive reduction in interest rates, with the benchmark seven day repo rate decreasing by 25 basis points to 1. 75%.