By Susanna Moon
Chicago, July 16 - The Ministry of Finance of Korea auctioned KRW 1.65 trillion of 3¾% 10-year treasury bonds in a reopening on Monday, according to a government notice.
The weighted average accepted rate was 3¼%.
Bids were received for KRW 7.36 trillion of the bonds for a bid-to-cover ratio of 445.8%. The range of bids received was 3.23% to 3.28%.
The bonds were originally issued June 10.
| Issuer: | Ministry of Finance of Korea
|
| Issue: | Treasury bonds
|
| Amount: | KRW 1.65 trillion
|
| Maturity: | 10 years
|
| Coupon: | 3¾%
|
| Average yield: | 3¼%
|
| Auction date: | July 16
|
| Settlement date: | July 17
|
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