S. Korea to sell 12.1 tln won in state bonds in March

SEOUL, Feb. 27 (Yonhap) -- South Korea plans to sell 12.1 trillion won (US$9.96 billion) in state bonds next month, the finance ministry said Thursday.

The ministry will issue 2.5 trillion won in bonds with a maturity of three years and another 2.45 trillion won in five-year bonds in March, according to the Ministry of Economy and Finance.

It also intends to sell 3.05 trillion won in bonds with a maturity of 10 years and 1.1 trillion won in 20-year Treasurys, while floating 3 trillion won in bonds with a maturity of 30 years.

South Korea issued 12.6 trillion won in state bonds this month.

colin@yna.co.kr
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