By Richard Connell
New York, Aug. 28 - The Ministry of Strategy and Finance of Korea auctioned 478 billion won of 20-year bonds to yield 6.03%.
Of the 500 billion won offered, bids were received for 615 billion won and accepted for 478 billion won.
The bid to cover ratio was 123.0% and the bids received ranged from 5.90% to 6.13%
Issuer: | Ministry of Strategy and Finance of Korea
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Issue: | Bonds
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Amount: | 478 billion won
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Maturity: | 20 years
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Yield: | 6.03%
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Accepted yields: | 5.90% to 6.13%
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Auction date: | Aug. 25
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Settlement date: | Aug. 26
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