S. Korea to sell 3.7 tln won worth of Treasurys in Dec.

▲ This file photo, provided by the finance ministry on April 26, 2023, shows its building at the government complex in the central city of Sejong. (PHOTO NOT FOR SALE) (Yonhap)

Treasurys-sales

S. Korea to sell 3.7 tln won worth of Treasurys in Dec.

SEOUL, Nov. 23 (Yonhap) -- South Korea plans to sell 3.7 trillion won (US$2.85 billion) in state bonds next month, the finance ministry said Thursday.

The country will issue 400 billion won in Treasurys with a maturity of two years and 700 billion won in three-year government bonds in December, according to the Ministry of Economy and Finance.

It also plans to sell 600 billion won in bonds with a maturity of five years and 700 billion won in 10-year Treasurys.

It will float 200 billion won and 1 trillion won in bonds with a maturity of 20 years and 30 years, respectively, along with 100 billion won in 50-year Treasurys.

South Korea issued around 6.9 trillion won in state bonds in November, the ministry said.

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