SEOUL (Reuters) – The Bank of Korea’s $10 billion auction of U.S. dollars for an 84-day term from the new currency swap with the Federal Reserve drew only $7.92 billion of bids, lent at 0.9080%, the bank said on Tuesday.
The bank’s $2 billion auction of dollars for a 7-day term drew $0.8 billion of bids, at 0.5173%.
(Reporting by Cynthia Kim, Joori Roh; Editing by Kim Coghill)
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