Korea to sell W6.7t in state debts in September

South Korea plans to issue state bonds worth about 6.7 trillion won ($6.6 billion) in September, the finance ministry said Thursday.

According to the ministry, the government is seeking to sell 1.75 trillion won in three-year Treasurys, 1.6 trillion won in five-year debts and 1.85 trillion won worth of 10-year bonds next month.

It also plans to issue 750 billion won worth of bonds that mature in 20 years and 750 billion won in 30-year bonds.

The total to be issued is 100 billion less than Treasurys sold this month. (Yonhap)