By Marisa Wong
Madison, Wis., June 21 - The Ministry of Finance of Korea auctioned KRW 1.9 trillion of 4¼% 10-year treasury bonds on Monday, according to a government notice.
The weighted average accepted rate was 4.26%.
Bids were received for KRW 7,873,000,000,000 of the securities, resulting in a bid-to-cover ratio of 414.4%.
The bids received ranged from 4.24% to 4.31%.
Settlement occurred on Tuesday.
| Issuer: | Ministry of Finance of Korea
|
| Issue: | Treasury bonds
|
| Amount: | KRW 1.7 trillion
|
| Maturity: | 10 years
|
| Coupon: | 4¼%
|
| Average yield: | 4.26%
|
| Auction date: | June 20
|
| Settlement date: | June 21
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
