By Susanna Moon
Chicago, July 2 - The Ministry of Finance of Korea auctioned KRW 1.4 trillion of 3¼% three-year treasury bonds in an auction on Monday, according to a government notice.
The weighted average accepted rate was 3.33%. The range of bids received was 3.31% to 3.35%.
Bids were received for KRW 6.6 trillion of bonds, for a bid-to-cover ratio of 471.4%.
| Issuer: | Ministry of Finance of Korea
|
| Issue: | Treasury bonds
|
| Amount: | KRW 1.4 trillion
|
| Maturity: | Three years
|
| Coupon: | 3¼%
|
| Average yield: | 3.33%
|
| Auction date: | July 2
|
| Settlement date: | July 3
|
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