Korea’s Money Market

download Korea’s Money Market

of 13

  • date post

    07-Apr-2018
  • Category

    Documents

  • view

    214
  • download

    0

Embed Size (px)

Transcript of Korea’s Money Market

  • 8/3/2019 Koreas Money Market

    1/13

    Lju`bv@fjkjg~5998

  • 8/3/2019 Koreas Money Market

    2/13

    FJKS@KSV

    Ybus N1 Jt`utn`} bkc Gbfuj`fjkjgnf

    Nvvp`v

    Lju`bv @fjkjgnf Bfhn`t`g`ksv bkc Yujvy`fsv

    Y~j Hbl'lno + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + 2

    Sh` Mub~nkm jd Lju`b1 Bccu`vvnkm sh`

    Fhboo`km`v jd Bmnkm

    A`uboc Vfhndd bkc Gpusbqb V~`c+ + + + + + + + + + + + + + + =

    Ybus NN1 Dnkbkfnbo Nkvsnspsnjkv bkc Gbul`sv

    Dnkbkfnbo Bvnb Unvnkm1 Bvnbk Vsjfl Gbul`sv nksh` K`} Gnoo`kknpg

    Lbung Yblubtbk + + + + + + + + + + + + + + + + + + + + + + + + + + 20

    Lju`bv Gjk`~ Gbul`s

    Cjgnknrp` C}ju'Dufbps + + + + + + + + + + + + + + + + + + 52

    Nkmu`cn`ksv dju b ]`oo'Dpkfsnjknkm Fbynsbo

    Gbul`s

    Ajhk Epum`u/Dubkfnv ]bukjfl/

    T ujknfb Fbfcbf ]bukjfl + + + + + + + + + + + + + + + + + + 62

    Sh` Fbynsbo Gbul`s Fjkvjoncbsnjk Bfs bkc sh`

    Lju`bk Dnkbkfnbo Gbul`s

    Lng Cjkm'h}bk + + + + + + + + + + + + + + + + + + + + + + + + + + 6>

    Ybus NNN1 Vsupfspubo U`djug

    Yujmu`vv nk Fjuyjubs` Mjt`ukbkf`

    Vsnak Fob`vv`kv + + + + + + + + + + + + + + + + + + + + + + + + + + + 30

    Sbx Nvvp`v Bdd`fsnkm Dju`nmk'Nkt`vs`c Fjgybkn`v

    bkc Dju`nmk Nkt`vsjuv

    H`ku~ Bk bkc Cbtnc Ank'^jpkm O`` + + + + + + + + + + + 03

    Ybus NT1 @xs`ukbo Nvvp`v

    P+V+'Lju`b @fjkjgnf U`obsnjkv1

    Tn`} dujg V`jpo

    Hbk Cjkmgbk + + + + + + + + + + + + + + + + + + + + + + + + 42

    B ]bvhnkmsjk Y`uvy`fsnt`

    Ajucbk H`ne`u+ + + + + + + + + + + + + + + + + + + + + + + + + 4>

    Y``unkm nksj sh` Dpspu`1 Lju`bv U`vyjkv` sj sh`

    K`} Subcnkm Obkcvfby`

    Suj~ Vsbkmbujk` + + + + + + + + + + + + + + + + + + + + + + + + + + =3

    Ybus T1 Kjush Lju`bv @fjkjgnf

    C`t`ojyg`ks bkc @xs`ukbo U`obsnjkv

    Kjush Lju`bv @xs`ukbo U`vjpuf`v bkc

    Fjkvsubnksv

    Vs`yhbk Hbmmbucbkc Gbufpv Kjobkc + + + + + + + + 86

    Sh` Ujo`v jd Fhnkb bkc Vjpsh Lju`b nk Kjush

    Lju`bk @fjkjgnf Fhbkm`

    Gnlb Gbupgjsj + + + + + + + + + + + + + + + + + + + + + + + + + + +>5

    U`bonvsnf @xy`fsbsnjkv jd sh` Dpspu` Ujo` jd sh`

    NDNv jk sh` Lju`bk Y`knkvpob

    Eubco`~ Ebevjk + + + + + + + + + + + + + + + + + + + + + + + + + 294

  • 8/3/2019 Koreas Money Market

    3/13

    DNKBKFNBO NKVSNSPSNJKV BKC GBUL@SV 52

    LJU@BV GJK@^ GBUL@S

    E~ Cjgnknrp` C}ju'Dufbps

    Lju`bv Gjk`~ Gbul`s

    Lju`bv gjk`~ gbul`s nkfopc`v sh` fboo gbul`s bv }`oo

    bv gbul`sv dju gjk`sbu~ vsbenonqbsnjk ejkcv (GVEv./

    k`mjsnbeo` f`usnflfbs`v jd c`yjvns (FCv./ u`ypufhbv`

    bmu``g`ksv (u`yjv./ fjgg`ufnbo yby`u (FY./ bkc fjt`u

    enoov (FE.+ Lju`bv gjk`~ gbul`s vj dbu v``gv sj hbt`

    e``k u`obsnt`o~ nggpk` sj sh` mojebo fu`cns fupkfh

    m`k`ubs`c e~ sh` funvnv nk sh` P+V+ vpeyung` gjusmbm`

    gbul`sv+ Lju`bk nks`uebkl ubs`v bu` unvnkm/ hj}`t`u/

    }hnfh vpmm`vsv shbs ebklnkm onrpncns~ u`gbnkv snmhs

    (Sbeo` 2.+

    sbks yob~`u nk shnv gbul`s e`fbpv` jd nsv ngyjusbkf` djugjk`sbu~ yjonf~+ Gjk`sbu~ yjonf~ nk Lju`b fjkvnvsv jd

    sbum`snkm b o`t`o jd nkstbsnjk c`fnc`c e~ sh` EJL t`u~

    ~`bu+ Sh` EJLv gjk`sbu~ yjonf~ fjggnss`` (GYF.

    g``sv t`u~ gjksh sj c`fnc` jk b sbum`s dju sh` jt`u'

    knmhs fboo ubs` shbs nv fjkvnvs`ks }nsh nsv nkstbsnjk sbum`s+

    Nk 599= bkc 5998/ sh` EJL hbv sbum`s`c nkstbsnjk sj

    u`gbnk nk b 5+06+0 y`uf`ks ubkm`+ Sh` jt`uknmhs fboo

    ubs` nv fpuu`kso~ bs 0 y`uf`ks (Dnmpu`2.+

    Bds`u sh` GYF c`fnc`v jk bk byyujyunbs` sbum`s dju

    sh` jt`uknmhs fboo ubs`/ EJL vsbdd ngyo`g`ks shbs

    sbum`s shujpmh bccnkm onrpncns~ sj ju }nshcub}nkm nsdujg sh` fboo gbul`s+ Ebklv bu` u`rpnu`c sj gbnksbnk

    u`v`ut`v }nsh sh` EJL/ eps sh`v` u`v`ut`v fbk nk'

    fu`bv` ju dboo e`fbpv` jd dbfsjuv vpfh bv yuntbs` v`fsju

    subkvbfsnjkv/ mjt`ukg`ks subkvbfsnjkv/ ju ypufhbv`v

    jd dju`nmk fpuu`kfn`v e~ sh` f`ksubo ebkl+ Sh` EJL

    dju`fbvsv sh` fhbkm` nk ebklv u`v`ut`v bunvnkm dujg

    tbunjpv vjpuf`v/ fjgybu`v ns }nsh sh` u`rpnu`c o`t`o

    jd u`v`ut`v/ bkc fjgyps`v sh` vfbo` jd sh` vpuyopv ju

    vhjusbm` jd u`v`ut`v e`dju` ns flkbonq`v sh` vfbo` jd nsv

    gbul`s jy`ubsnjkv+ Pksno u`f`kso~/ sh` bfspbo fboo ubs`

    hbv m`k`uboo~ e``k bejt` sh` sbum`s/ }hnfh vpmm`vsv

    sh` EJL hbv gbnksbnk`c snmhs onrpncns~ fjkcnsnjkv nksh` fboo gbul`s+

    GVE bkc U`yj Gbul`sv

    Pksno u`f`kso~/ GVE nvvpbkf` }bv sh` gbnk nkvsup'

    g`ks pv`c e~ sh` EJL sj fjksujo onrpncns~+ GVEv

    bu` onbenonsn`v nvvp`c e~ sh` f`ksubo ebkl sj vjbl py

    onrpncns~+ Sh`~ bu` nvvp`c nk 22 cndd`u`ks gbspunsn`v

    ubkmnkm dujg 23 cb~v sj s}j ~`buv+ Jkf` nvvp`c/ sh`~

    bu` kjs/ nk yunkfnyo`/ u`c``gbeo` yunju sj gbspuns~+ Sh`

    f`nonkm jk sh` tjopg` jd GVEv shbs gb~ e` o`mboo~

    nvvp`c nv v`s bs 09 y`uf`ks jd eujbc gjk`~ (G5./ epsnk Kjt`ge`u 599= sh` EJL bkkjpkf`c ns }jpoc nvvp`

    rpbus`uo~ f`nonkmv jk sh` bgjpks sj e` nvvp`c/ }nshnk

    sh` 09 y`uf`ks f`nonkm+ GVEv bu` vjoc shujpmh bpfsnjkv

    sj flkbkfnbo nkvsnspsnjkv v`o`fs`c e~ sh` EJL jk sh`

    ebvnv jd bvv`s rpbons~ bkc flkbkfnbo vjpkck`vv+ Nk 599=/

    sh`v` kpge`u`c byyujxngbs`o~ 09+

    Sbeo` 21 Gjk`~ Gbul`s Su`kcv nk Lju`b/

    2>>9Apk` 5994/ nk sunoonjkv jd Lju`bk }jk

    2>>9 5999 5993 5990

    5994

    (Apk`.

    Fboo

    gbul`sb6+4 25+> 5=+0 63+4 69+3

    Gjk`sbu~

    vsbenonqbsnjk

    ejkcv

    20+5 44+3 235+8 200+5 20=+0

    F`usndnfbs`v

    jd c`yjvns

    4+8 23+5 36+0 46+8 44+8

    U`ypufhbv`bmu``g`ksv

    6+3 54+6 63+4 35+> 05+5

    Fjgg`ufnbo

    yby`u

    55+= >+2 20+> 59+9 56+9

    Fjt`u enoov 9+5 22+5 6+> 3+9 6+>

    Vjpuf`1 Ebkl jd Lju`b cbsb+b Cbno~ bt`ubm` subkvbfsnjkv cpunkm sh` obvs gjksh nk

    sh` y`unjc+

    Fboo Gbul`s

    Sh` fboo gbul`s nv sh` gbul`s nk }hnfh dpkcv bu` subc`cnk sh` vhjus`vs y`unjcv (s~ynfboo~ jt`uknmhs ojbkv. sj

    bcapvs dju s`gyjubu~ vpuyopv`v ju vhjusbm`v jd dpkcv

    bgjkm flkbkfnbo nkvsnspsnjkv+ Boo s~y`v jdflkbkfnbo

    nkvsnspsnjkv nk Lju`b/ nkfopcnkm fjgg`ufnbo ebklv/

    v`fpuns~ fjgybkn`v/ nkvpubkf`/ nkt`vsg`ks supvs/ fu`cns

    pknjkv/ bkc eubkfh`v jd dju`nmk ebklv/ ybusnfnybs` nk

    sh` fboo gbul`s+ Sh` Ebkl jd Lju`b (EJL. nv bk ngyju'

  • 8/3/2019 Koreas Money Market

    4/13

    55 SH@ LJU@B @FJKJGNF NKVSNSPS@

    89

    >9

    299

    229

    259

    269

    239

    209

    249

    2=9

    Abk+

    599=

    Abk+

    599

    4

    Abk+

    599

    0

    Abk+

    599

    3

    Abk+

    5996

    >

    29

    22

    25

    26

    23

    20

    24

    2=

    28

    Lju`bk }jk/ sunoonjkv Y`uf`ksbm` jd G5

    Jpsvsbkcnkmejkcv

    Y`uf`ksbm` jd G5

    Dnmpu` 51 Gjk`sbu~ Vsbenonqbsnjk EjkcvJpsvsbkcnkm nk Lju`b/ C`f`ge`u5995Kjt`ge`u 599=

    Vjpuf`1 F@NF Cbsb Fjgybk~/ Osc+

    Sh` ubsnj jd GVEv jpsvsbkcnkm sj G5 hbv e``k dboonkm

    3+2

    3+6

    3+0

    3+=

    3+>

    0+2

    0+6

    0+0

    Dnmpu` 61 F`usndnfbs`v jd C`yjvns Jpsvsbkcnkmbkc Shu``'Gjksh FC Ubs`v nk Lju`b/Kjt`ge`u 5993Kjt`ge`u 599=

    FCv jpsvsbkcnkm

    (}jk/ sunoonjkv.

    FCv jpsvsbkcnkm

    Shu``'gjksh FC ubs`

    (y`uf`ksbm`.

    Shu``'gjksh FC ubs`

    Vjpuf`v1 Eojjge`um< F@NF Cbsb Fjgybk~/ Osc+

    Sh` nkfu`bv` nk sh` FC ubs` vnkf` Bpmpvs 599= nvbovj onl`o~ sj u`st`fs mojebo gbul`sv pkf`usbnks~ bkc

    tjobsnons~+ ]nsh sh` vnq` bkc cnvsunepsnjk jd sh` ojvv`v

    bvvjfnbs`c }nsh sh` P+V+ vpeyung` gjusmbm` gbul`s

    funvnv vsnoo obum`o~ pklkj}k/ mojebo nks`uebkl gbul`sv

    hbt` e`fjg` dujq`k bv ebklv bu` u`opfsbks sj o`kc sj

    `bfh jsh`u jps jd fjkf`ukv jt`u ngybnu`c fbynsbo yj'

    vnsnjkv+ Bv b u`vpos/ mojebo vyu`bcv e`s}``k nks`uebkl

    ubs`v bkc Su`bvpu~ enoov bu` bs b hnvsjunf hnmh+ Boshjpmh

    Lju`bk fjgg`ufnbo ebklv hbt` jko~ b t`u~ ongns`c

    cnu`fs `xyjvpu` sj vpeyung`'u`obs`c yby`u/ sh`nu u`on'

    bkf` jk gbul`s dpkcnkm ubsh`u shbk c`yjvnsju dpkcnkm

    o`bt`v sh`g jy`k sj sh` unvl jd b ojvv jd fjkfl

    c`kf` nksh` nks`uebkl gbul`s+ Bv b u`vpos/ vnkf` Bpmpvs 599=/

    Lju`bk nks`uebkl ubs`v v``g sj hbt` e`fjg` gju`

    fjuu`obs`c }nsh mojebo nks`uebkl ubs`v+

    Fjgg`ufnbo yby`u nv bk bffjggjcbsnjk enoo nvvp`c e~

    fjgybkn`v }nsh vjpkc fu`cns vsbspv dju sh` ypuyjv` jd

  • 8/3/2019 Koreas Money Market

    7/13

    DNKBKFNBO NKVSNSPSNJKV BKC GBUL@SV 50

    spukjt`u nkfu`bvnkm e~ 529 y`uf`ks+ Sh` tjopg` jd

    c`untbsnt`v subcnkm nk Lju`b nv ujpmho~ `rpbo sj sh`

    tjopg` jd vyjs subcnkm+ Shnv nv nk onk` }nsh mojebo

    su`kcv1 sh` Ebkl dju Nks`ukbsnjkbo V`sso`g`ksv (ENV.

    sun`kknbo vput`~ jd dju`nmk mojebo `xfhbkm` gbul`sv

    djpkc shbs cpunkm 59929= mojebo DX spukjt`u nk vyjs

    bkc c`untbsnt`v hbc nkfu`bv`c e~ 549 y`uf`ks+ Mojebospukjt`u nk dju}bucv bkc v}byv bs #5+2 sunoonjk nv kj}

    s}nf` bv obum` bv mojebo vyjs spukjt`u bs #2 sunoonjk+

    Sh` ENV vput`~ vhj}v shbs nk 599= sh` flt` obum`vs DX

    subcnkm f`ks`uv u`yu`v`ks`c k`buo~ =9 y`uf`ks jd }juoc

    spukjt`u (Dnmpu` 3.+ Nk kjk'Abybk Bvnb/ sh` obum`vs

    DX gbul`s nv nk Vnkmbyju`/ }hnfh u`st`fsv nsv ujo` bv

    u`mnjkbo flkbkfnbo f`ks`u+ DX spukjt`u nk Vnkmbyju`

    u`yu`v`ks`c k`buo~ 4 y`uf`ks jd }juoc spukjt`u nk 599=+

    E~ fjksubvs/ Lju`b nv jko~ sh` fldsh'obum`vs xfhbkm`

    ubs` gbul`s nk kjk'Abybk Bvnb/ e`hnkc Vnkmbyju`/

    Hjkm Ljkm/ Bpvsubonb/ bkc Nkcnb (Dnmpu` 0.+ Bffjuc'nkm sj sh` ENV/ Lju`bv DX gbul`s spukjt`u nk 599=

    u`yu`v`ks`c 9+8 y`uf`ks jd sjsbo mojebo DX spukjt`u+

    9 0 29 20 59 50 69 60

    599=

    5992

    Pkns`c

    Lnkmcjg

    Pkns`c

    Vsbs`v

    V}nsq`u'

    obkc

    Abybk

    Vnkmbyju`

    Y`uf`ksbm`

    Dnmpu` 31 Sh`