By Tali Rackner
Norfolk, Va., April 13 – The Ministry of Finance of Korea auctioned KRW 1.85 trillion of 2% five-year treasury bonds on Monday, according to a government notice.
The weighted average accepted rate was 1.825%.
Bids were received for KRW 7,035,000,000,000 of bonds, for a bid-to-cover ratio of 380.3%.
The bonds were originally issued March. 10.
| Issuer: | Ministry of Finance of Korea
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| Issue: | Treasury bonds
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| Amount: | KRW 1.85 trillion
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| Maturity: | Five years
|
| Coupon: | 2%
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| Average accepted rate: 1.825%
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| Auction date: | April 13
|
| Settlement date: | April 14
|
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