The Ministry of Economy and Finance in South Korea has announced that 8.5 trillion won (US$6.34 billion) worth of state bonds will be available for sale in October. This includes 1 trillion won worth of two-year Treasurys, 1.5 trillion won worth of three-year bonds, 1.4 trillion won worth of five-year bonds, 1.5 trillion worth of 10-year Treasurys, 400 billion won worth of 20-year bonds, and 2.3 trillion won worth of 30-year bonds.
This month, South Korea issued 13.2 trillion won in state bonds.
colin@yna.co.kr
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