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S. Korea to sell 12.9 tln won in state bonds in September

Economy 17:00 August 27, 2020

SEJONG, Aug. 27 (Yonhap) -- South Korea plans to sell 12.9 trillion won (US$10.8 billion) in state bonds next month, the finance ministry said Thursday.

The ministry will issue 3.2 trillion won in bonds with a maturity of three years and another 2.4 trillion won in five-year bonds in September, according to the Ministry of Economy and Finance.

S. Korea to sell 12.9 tln won in state bonds in September - 1

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 3.15 trillion won in bonds with a maturity of 30 years.

South Korea issued 14.43 trillion won in state bonds this month.

kdh@yna.co.kr
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