Korea to sell W8tr state bonds in April

Published : Mar 24, 2017 - 17:35 Updated : Mar 24, 2017 - 17:35

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South Korea plans to sell 8 trillion won ($7.1 billion) worth of state bonds next month, the finance ministry said Friday.

The government will issue 1.85 trillion won worth of bonds with a maturity of three years and 1.95 trillion won worth of five-year bonds.

(Yonhap)

It also plans to sell 1.85 trillion won worth of 10-year Treasurys and a combined 2.35 trillion won of bonds with a maturity of between 20 and 30 years.

For May, it also has a plan to issue a combined 8 trillion won worth of state bonds, added the ministry. (Yonhap)