Most Popular
-
1
Yoon’s jailed mother-in-law excluded from latest parole list
-
2
[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'
![[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/24/20240424050844_0.jpg&u=20240424200058)
-
3
Hybe and Min Hee-jin, CEO of Hybe sublabel Ador, lock horns
-
4
Korea’s homegrown nanosatellite successfully launches into space
-
5
[Pressure points] Leggings in public: Fashion statement or social faux pas?
![[Pressure points] Leggings in public: Fashion statement or social faux pas?](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/23/20240423050669_0.jpg&u=)
![[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/24/20240424050844_0.jpg&u=20240424200058)
![[Pressure points] Leggings in public: Fashion statement or social faux pas?](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/23/20240423050669_0.jpg&u=)
Korea will sell 2 trillion won ($1.89 billion) in Treasury bills this month as part of efforts to secure money to cover possible shortfalls in government operation funds, the Finance Ministry said Monday.
Treasury bills are intended to raise money for the government so it can cope with short-term financial shortfalls. They are generally sold with a maturity of less than one year.
The July debt with a maturity of one month will be issued to refinance 2 trillion won of the total 3 trillion won maturing this month. The ministry plans to pay back the remaining 1 trillion won.
(Yonhap News)
Treasury bills are intended to raise money for the government so it can cope with short-term financial shortfalls. They are generally sold with a maturity of less than one year.
The July debt with a maturity of one month will be issued to refinance 2 trillion won of the total 3 trillion won maturing this month. The ministry plans to pay back the remaining 1 trillion won.
(Yonhap News)
