Government bonds to be sold with maturities of up to 50 years
Korea plans to sell 14.5 trillion won ($12.05 billion) in government bonds next month, the finance ministry said Thursday.The ministry will issue 1 trillion won in Treasuries with two-year maturities, 2.6 trillion won in Treasury bonds with maturities of three years and 2.8 trillion won in five-year government bonds, according to the Ministry of Economy and Finance.
The sales of longer-dated bonds will include 3.9 trillion won in 30-year Treasury notes and 500 billion won in state debts with maturities of 50 years.
Korea issued 15.43 trillion won in state bonds in January.
Yonhap
with the Korea JoongAng Daily
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