The Saemaeul Geumgo Central Association announced on the 24th that it has been reselected as an institutional sector for repurchase agreements (RP) transactions according to the Bank of Korea's '2025 Regular Public Market Operation Target Institutions Selection Results.'
The Saemaeul Geumgo Central Association has officially participated in RP transactions with the Bank of Korea since August of last year, following the announcement of the '2024 Regular Public Market Operation Target Institutions Selection' made by the Bank of Korea in July last year.
As the validity period of the public market operation target institutions expires on the 31st of this month, the Bank of Korea announced the results of the application and review process for public market operation target institutions for the next year through the 'Public Market Operation Target Institutions Selection' notification released in June.
The Saemaeul Geumgo Central Association has been continuously participating in the Bank of Korea's RP transactions over the past year and has proactively secured sufficient amounts of highly liquid bonds, leading to its reselection as an institutional sector for RP transactions this year.
A representative of the Saemaeul Geumgo Central Association said, "Having been reselected as a public market operation target institution of the Bank of Korea, we plan to actively participate in the public market operation process in accordance with its purpose," and noted, "We will continue to manage our holdings of highly liquid bonds, which are the target for the Bank of Korea's RP transactions, to enhance the asset soundness of the Saemaeul Geumgo Central Association and secure liquidity in a stable manner."