Go to Contents Go to Navigation

S. Korea to sell 600 bln won worth of 50-year Treasurys

All Headlines 17:58 December 04, 2018

SEOUL, Dec. 4 (Yonhap) -- The South Korean government said Tuesday it will sell 600 billion won (US$542 million) worth of 50-year Treasurys this week in the latest move to gain extra leeway to execute financial policies.

The sale is set to take place on Friday, the Ministry of Economy and Finance said.

South Korea sold a combined 1.525 trillion won worth of 50-year state bonds on three separate occasions earlier this year.

In October 2016, the ministry floated its first-ever super long 50-year state bonds. The 50-year debts have the longest maturity of any securities issued by Seoul.

S. Korea to sell 600 bln won worth of 50-year Treasurys - 1

entropy@yna.co.kr
(END)

Keywords
HOME TOP
Send Feedback
How can we improve?
Thanks for your feedback!