Send E-mail
  • S. Korea to sell 7.3 tln won worth of state bonds in Jan.
    S. Korea to sell 7.3 tln won worth of state bonds in Jan.
    South Korea plans to sell 7.3 trillion won ($6.1 billion) worth of state bonds next month, the finance ministry said Thursday. The government will issue 1.75 trillion won worth of bonds with a maturity of three years and 1.65 trillion won worth of five-year bonds.It also plans to sell 1.95 trillion won worth 10-year Treasurys and a combined 1.95 trillion won of bonds with a maturity of between 20 and 30 years.The min...
From
Send to
Close Send

S. Korea to sell 7.3 tln won worth of state bonds in Jan.

Dec. 22, 2016 - 19:08 By 박가영


South Korea plans to sell 7.3 trillion won ($6.1 billion) worth of state bonds next month, the finance ministry said Thursday.

The government will issue 1.75 trillion won worth of bonds with a maturity of three years and 1.65 trillion won worth of five-year bonds.

It also plans to sell 1.95 trillion won worth 10-year Treasurys and a combined 1.95 trillion won of bonds with a maturity of between 20 and 30 years.

The ministry added that it sold 4.64 trillion won worth of Treasurys in December.

Earlier, the government announced a plan to sell 103.7 trillion won worth of Treasurys next year, down 5.8 percent from this year's estimated 110 trillion won.

It will also float the longest 50-year state bond worth some 1 trillion won, which was first introduced in October. (Yonhap)

Most Popular