Bank of Korea to directly purchase 2 trln won of treasury bonds

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SEOUL — South Korea’s central bank on

Friday said it will buy 2 trillion won ($835.5 million) of

government bonds in an auction on Feb. 7 as part of measures to

stabilize the local bond market.

($1 = 1,196.8700 won)

(Reporting by Cynthia Kim; Editing by Christian Schmollinger)