Announcement on Open Market Business No.1 [2025]

(Open Market Operations Office, May 7, 2025)

In order to implement a moderately accommodative monetary policy and strengthen support for the real economy, starting from May 8, 2025, the interest rate on 7-day reverse repo operations will be adjusted to 1.40 percent from the previous 1.50 percent. The interest rates on 14-day reverse repo operations, and on ad hoc repo and reverse repo operations will continue to be priced based on the 7-day reverse repo rate with the spread over the rate kept unchanged.