January’s currency volume increased by 42 trillion in a month,’the largest ever’

Han Eun

▲ Source = Bank of Korea.

[에너지경제신문 송두리 기자] In January, the amount of money in the market increased by about 42 trillion won, the largest ever. The impact of the expansion of private sector credit supply was reflected.

According to the statistics on currency and liquidity of the Bank of Korea on the 18th, in January this year, the amount of money in broad terms (based on M2) was 3233.363.1 billion won, an increase of 41 trillion won (1.3%) from last December. The increase in January is the largest since the statistics were compiled in December 2001.

Money market funds (MMF) other than cash, demand deposit, occasional deposit (more than M1), term deposits less than two years, savings accounts, beneficiary certificates, transferable deposit certificates (CD), redemption conditional bonds ( Short-term financial products that can be converted into cash are included, such as RP), financial bonds less than 2 years, and money trusts less than 2 years.

The rate of increase in the amount of money in the broadband compared to the previous month also increased from last December (0.4%). Compared to a year ago, the increase rate (10.1%) was also larger than a month ago (9.8%). The increase of 10.1% is the highest since October 2009 (10.5%).

A 24 trillion won increase in companies. Following this, M2 of all economic entities, including households and non-profit organizations (4.7 trillion won), other financial institutions (4.5 trillion won), and other sectors (1.2 trillion won), increased.

In particular, the growth of companies (24 trillion won) is the largest ever. Funds flowed into bonds and stock-type beneficiary certificates, and deposits and installments for less than two years due to the company’s efforts to secure liquidity.

By product, formula deposits and deposits (1.5 trillion won) and MMF (7.2 trillion won) have increased.

Reporter Song Doo-ri [email protected]

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