South Korea to Issue 13 Trillion Won in Government Bonds in August


The Ministry of Economy and Finance in South Korea has announced plans to issue 13 trillion won (US$10.2 billion) in government bonds in August. This figure includes 1.6 trillion won in Treasurys with a two-year maturity, 2.4 trillion won in three-year bonds, 2.2 trillion won in five-year bonds, 2.4 trillion won in 10-year Treasurys, 800 billion won in bonds with a 20-year maturity, and 3.1 trillion won in bonds with a 30-year maturity. In July, the country issued 17.6 trillion won in state bonds.

On Thursday, the finance ministry in Seoul revealed that it will issue 13 trillion won in bonds in August. This includes Treasurys with a two-year, three-year, five-year, 10-year, 20-year, and 30-year maturity.

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