By Tali David
Minneapolis, Dec. 10 - The Ministry of Finance of Korea auctioned KRW 1.7 trillion of 2¾% five-year treasury bonds in an auction on Monday, according to a government notice.
The weighted average accepted rate was 2.97%.
Bids were received for KRW 7.69 trillion of bonds, for a bid-to-cover ratio of 452.4%.
| Issuer: | Ministry of Finance of Korea
|
| Issue: | Treasury bonds
|
| Amount: | KRW 1.7 trillion
|
| Maturity: | Five years
|
| Coupon: | 2¾%
|
| Average yield: | 2.97%
|
| Auction date: | Dec. 10
|
| Settlement date: | Dec. 11
|
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