By Tali David
Minneapolis, Oct. 2 - The Ministry of Finance of Korea auctioned KRW 1.35 trillion of three-year treasury bonds on Tuesday, according to a government notice.
The weighted average accepted rate was 2.8%.
Bids were received for KRW 6.36 trillion of bonds, for a bid-to-cover ratio of 470%.
| Issuer: | Ministry of Finance of Korea
|
| Issue: | Treasury bonds
|
| Amount: | KRW 1.35 trillion
|
| Maturity: | Three years
|
| Average yield: | 2.8%
|
| Auction date: | Oct. 2
|
| Settlement date: | Oct. 4
|
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