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S. Korea to sell 14.5 tln won worth of state bonds in Feb.

Finance 17:19 January 27, 2022

SEOUL, Jan. 27 (Yonhap) -- South Korea plans to sell 14.5 trillion won (US$12.05 billion) in government bonds next month, the finance ministry said Thursday.

The ministry will issue 1 trillion won in Treasurys with a two-year maturity, 2.6 trillion won in Treasury bonds with a maturity of three years and 2.8 trillion won in five-year government bonds, according to the Ministry of Economy and Finance.

The sales of longer-dated bonds will include 3.9 trillion won in 30-year Treasury notes and 500 billion won in state debts with a maturity of 50 years.

South Korea issued 15.43 trillion won in state bonds in January.

This Feb. 4, 2021, file photo shows bank notes being piled up at a Bank of Korea branch in Seoul to be sent to local bank branches ahead of the Lunar New Year holiday. (Pool photo) (Yonhap)


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