Viewpoint: If the stable Korean won is introduced, short-term treasury bond needs to be allocated and relevant systems need to be improved

Jin Bigui, a senior research member of the Korea Capital Market Research Institute, said at the seminar on "stabilizing the currency and short-term treasury bond" held in Yoido, Seoul on the 11th that "appropriate basic preparations should be made for the introduction of the stable currency of the Korean won" and put forward the above views. He pointed out that if the Korean Won stable currency is introduced, in order to improve its payment stability and value storage function, it needs to have prepared assets, and the short-term treasury bond that can play this function is used to make up for the government's short-term funding gap. In particular, short-term treasury bond are less risky when interest rates fluctuate sharply or market demand changes. Compared with long-term treasury bond, their interest rates are relatively low, which helps improve the efficiency of financing and utilization of financial funds, he explained.