Home   >   Business   >   S. Korea to sell 11.9 tln won in state bonds in April

S. Korea to sell 11.9 tln won in state bonds in April

March 26, 2020

 South Korea plans to sell 11.9 trillion won (US$9.66 billion) in state bonds next month, the finance ministry said Thursday.

The ministry will issue 2.35 trillion won in bonds with a maturity of three years and another 2.2 trillion won in five-year bonds in April, according to the Ministry of Economy and Finance.

It also intends to sell 3 trillion won in bonds with a maturity of 10 years and 700 billion won in 20-year Treasurys, while floating 2.9 trillion won in bonds with a maturity of 30 years.

The ministry also plans to sell 750 billion won in 50-year Treasurys, the longest-dated debt in the country.

South Korea issued 15.03 trillion won in state bonds this month.