BUSINESS

Korea to sell W6.3tr in state bonds in Sept.

By Yonhap
  • Published : Aug 24, 2017 - 17:21
  • Updated : Aug 24, 2017 - 17:38

South Korea plans to sell a combined 6.3 trillion won (US$5.58 billion) in state bonds next month, the finance ministry said Thursday.

The government will issue 1.25 trillion won in bonds with a maturity of three years and 1.55 trillion won in five-year bonds in September.

It also plans to sell 1.4 trillion won in 10-year Treasurys and a combined 2.1 trillion won of bonds with a maturity of between 20 and 30 years. (Yonhap)

(Yonhap)