Go to Contents Go to Navigation

S. Korea to sell 10.5 tln won worth of state bonds in Oct.

Finance 17:00 September 30, 2021

SEOUL, Sept. 30 (Yonhap) -- South Korea plans to sell 10.5 trillion won (US$8.86 billion) in government bonds next month, the finance ministry said Thursday.

The ministry will issue 800 billion won in Treasurys with a two-year maturity, 2 trillion won in Treasury bonds with a maturity of three years and 1.9 trillion won in five-year government bonds, according to the Ministry of Economy and Finance.

The sales of longer-dated bonds will include 2.8 trillion won in 30-year Treasury notes and 350 billion won in state debts with a maturity of 50 years.

South Korea issued 11.5 trillion won in state bonds in September.

The country plans to sell government bonds worth a total of 176.4 trillion won this year as it seeks to finance fiscal spending to cope with the pandemic.

S. Korea to sell 10.5 tln won worth of state bonds in Oct. - 1

sooyeon@yna.co.kr
(END)

Keywords
HOME TOP
Send Feedback
How can we improve?
Thanks for your feedback!