Published on 10/6/2008 in the Prospect News Emerging Markets Daily.
New Issue: South Korea sells 1.06 trillion won three-year bonds to yield 5.73%
By Susanna Moon
Chicago, Oct. 6 - Korea issued 1.06 trillion won of three-year bonds to yield 5.73%.
Of the amount offered, bids were received for 1.285 trillion won and accepted for 1.06 trillion won.
The bid to cover ratio was 121.23%, and the bids received ranged from 5.6% to 5.77%.
| Issuer: | Korea, Government Bond Policy Division, Treasury Bureau
|
| Issue: | Bonds
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| Amount: | 1.06 trillion won
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| Maturity: | Three years
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| Yield: | 5.73%
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| Accepted yields: | 5.6% to 5.77%
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| Auction date: | Oct. 6
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| Settlement date: | Oct. 7
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