The Ministry of Economy and Finance in South Korea has announced that the country will be releasing 11 trillion won (US$8.32 billion) in state bonds in September. This includes 1.4 trillion won of two-year Treasurys, 2.1 trillion won of three-year government bonds, 1.8 trillion won of five-year bonds, 1.9 trillion won of 10-year Treasurys, 500 billion won of 20-year bonds, and 2.9 trillion won of 30-year bonds.
The finance ministry also reported that South Korea had issued 13 trillion won in state bonds in August.
This file photo, provided by the finance ministry on April 26, 2023, shows its building at the government complex in the city of Sejong. (PHOTO NOT FOR SALE) (Yonhap)
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