By Toni Weeks
San Diego, Nov. 26 - The Ministry of Finance of Korea auctioned KRW 701 billion of 4% 20-year treasury bonds on Monday, according to a government notice.
The weighted average accepted rate was 3.09%.
Bids were received for KRW 3.3 trillion of bonds for a bid-to-cover ratio of 471.6%.
| Issuer: | Ministry of Finance of Korea
|
| Issue: | Treasury bonds
|
| Amount: | KRW 701 billion
|
| Maturity: | 20 years
|
| Coupon: | 4%
|
| Average yield: | 3.09%
|
| Auction date: | Nov. 26
|
| Settlement date: | Nov. 27
|
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