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S. Korea to sell 12.4 tln won worth of Treasurys in November

All News 17:00 October 29, 2020

SEJONG, Oct. 29 (Yonhap) -- South Korea plans to sell 12.4 trillion won (US$10.9 billion) in state bonds next month, the finance ministry said Thursday.

The ministry will issue 2.9 trillion won in bonds with a maturity of three years and another 2.4 trillion won in five-year bonds in November, according to the Ministry of Economy and Finance.

S. Korea to sell 12.4 tln won worth of Treasurys in November - 1

It also intends to sell 3 trillion won in bonds with a maturity of 10 years and 1 trillion won in 20-year Treasurys, while floating 3.1 trillion won in bonds with a maturity of 30 years.

South Korea issued 15.8 trillion won in state bonds this month.

kdh@yna.co.kr
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