S. Korea to sell 15 tln won worth of Treasurys in May

Treasurys-May sales

S. Korea to sell 15 tln won worth of Treasurys in May

SEOUL, April 27 (Yonhap) -- South Korea plans to sell 15 trillion won (US$11.1 billion) in state bonds next month, the finance ministry said Thursday.

The country will issue 1.9 trillion won in Treasurys with a maturity of two years, and another 2.8 trillion won in three-year government bonds in May, according to the Ministry of Economy and Finance.

It also plans to sell 2.3 trillion won in bonds with a maturity of five years and 2.7 trillion won in 10-year Treasurys.

It will float 1.1 trillion won and 3.7 trillion won in bonds with a maturity of 20 years and 30 years, respectively, as well.

South Korea issued 17.8 trillion won in state bonds in April.

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