S. Korea to sell 13.4 tln won in state bonds in June

SEOUL, May 28 (Yonhap) -- South Korea plans to sell 13.4 trillion won (US$10.8 billion) in state bonds next month, the finance ministry said Thursday.

The ministry will issue 2.95 trillion won in bonds with a maturity of three years and another 2.6 trillion won in five-year bonds in June, according to the Ministry of Economy and Finance.

It also intends to sell 3.15 trillion won in bonds with a maturity of 10 years and 850 billion won in 20-year Treasurys, while floating 3.1 trillion won in bonds with a maturity of 30 years.

South Korea issued 16.58 trillion won in state bonds this month.

kdh@yna.co.kr
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