S. Korea sells 600 bln won worth of 50-year Treasurys
All Headlines
14:53 December 07, 2018
SEJONG, Dec. 7 (Yonhap) -- South Korea's finance ministry said Friday that it has sold 600 billion won (US$536 million) worth of 50-year Treasurys in the latest move to gain extra leeway to execute financial policies.
The Ministry of Economy and Finance said the state debt was sold at a rate of 1.95 percent, adding that there was strong demand for the longest-dated Treasury bonds.
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.
entropy@yna.co.kr
(END)
Keywords
Issue Keywords
Most Liked
-
1 
'D-2' by BTS' Suga debuts at No. 11 on Billboard 200
-
2 
Vietnamese dairy firm Vinamilk enters S. Korea
-
3 
Gov't to inspect retail logistics centers for infection risks: PM
-
4
(LEAD) S. Korea braces for more infections in greater Seoul area
-
5
(2nd LD) S. Korea moves to limit classroom crowding amid persistent outbreak in capital area
Most Saved
-
1 
'D-2' by BTS' Suga debuts at No. 11 on Billboard 200
-
2 
(2nd LD) S. Korea moves to limit classroom crowding amid persistent outbreak in capital area
-
3 
S. Korea to test QR codes at nightclubs, eateries, cinemas to contain virus
-
4 
Sporadic infections linked to small churches put authorities on edge
-
5
Gov't to inspect retail logistics centers for infection risks: PM
-
1 1st clinical trials for COVID-19 vaccine in S. Korea to kick off
-
2 
(3rd LD) Church-tied virus cases stoke concerns over new wave of infections in greater Seoul
-
3 
(LEAD) Greater Seoul under threat of further spread, high alert over 'silent' virus spreaders
-
4 
K-pop artists throw support behind Black Lives Matter movement in U.S.
-
5 
S. Korea can now 'choose' between U.S., China: ambassador
