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S. Korea to sell 10.4 tln won in state bonds in January

Economy 17:00 December 26, 2019

SEJONG, Dec. 26 (Yonhap) -- South Korea plans to sell 10.4 trillion won (US$8.9 billion) in state bonds next month, the finance ministry said Thursday.

The government will issue 2.2 trillion won in bonds with a maturity of three years and another 2 trillion won in five-year bonds, according to the Ministry of Economy and Finance.

It also intends to sell 2.6 trillion won in bonds with a maturity of 10 years and 900 billion won in 20-year Treasurys, while floating 2.7 trillion won in bonds with a maturity of 30 years.

S. Korea to sell 10.4 tln won in state bonds in January - 1

kdh@yna.co.kr
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