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S. Korea to sell 7.5 tln won worth of state bonds in Feb.

All News 17:26 January 20, 2017

SEJONG, Jan. 20 (Yonhap) -- South Korea plans to sell 7.5 trillion won (US$6.4 billion) worth of state bonds next month, the finance ministry said Friday.

The government will issue 1.7 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 of 10-year Treasurys and a combined 2.2 trillion won of bonds with a maturity of between 20 and 30 years.

For March, it has a plan to issue a combined 8 trillion won worth of state bonds, added the ministry.

Earlier, the government announced a plan to sell 103.7 trillion won worth of Treasurys in 2016, down 5.8 percent from last year's 110 trillion won.

S. Korea to sell 7.5 tln won worth of state bonds in Feb. - 1

brk@yna.co.kr
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