By Tali Rackner
Norfolk, Va., April 27 – The Ministry of Finance of Korea auctioned KRW 800 billion of 3¾% 20-year treasury bonds on Monday, according to a government notice.
The weighted average accepted rate was 2.495%.
Bids were received for KRW 2,946,000,000,000 of bonds, for a bid-to-cover ratio of 368.3%.
The bonds were originally issued Dec. 10, 2013.
| Issuer: | Ministry of Finance of Korea
|
| Issue: | Treasury bonds
|
| Amount: | KRW 800 billion
|
| Maturity: | 20 years
|
| Coupon: | 3¾%
|
| Average accepted rate: | 2.495%
|
| Auction date: | April 27
|
| Settlement date: | April 28
|
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