SEOUL-- South Korea's central bank said Monday it will sell 11 trillion won (US$8.96 billion) worth of monetary stabilization bonds (MSBs) in February.

The amount is 1 trillion won larger than the MSB sale planned for this month, according to the Bank of Korea.

The MSB is a policy tool devised to control excess liquidity in the markets. It is sold to financial institutions and individuals.

Source: Yonhap News Agency