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S. Korea to sell 7.7 tln won state bonds in June

All News 17:12 June 01, 2017

SEJONG, June 1 (Yonhap) -- South Korea plans to sell a combined 7.7 trillion won (US$6.86 billion) of state bonds this month, the finance ministry said Thursday.

The government will issue 1.8 trillion won in bonds with a maturity of three years, and 1.9 trillion won in five-year bonds in June.

It also plans to sell 1.8 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.

In May, a total of 9.94 trillion won worth of Treasurys, including inflation-indexed bonds, were sold, the ministry said.


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