By Susanna Moon
Chicago, June 7 – The Ministry of Finance of Korea accepted KRW 1.92 trillion of bids for its 1½% three-year treasury bonds on Tuesday.
The weighted average accepted rate was 1.385%, with the bids received ranging from 1.38% to 1.42%, according to a notice.
The issuer received bids for KRW 8.07 trillion, with a bid-to-cover ratio of 424.5%.
| Issuer: | Ministry of Finance of Korea
|
| Issue: | Treasury bonds
|
| Amount: | KRW 1.92 trillion
|
| Maturity: | Three years
|
| Coupon: | 1½%
|
| Average accepted rate: | 1.385%
|
| Auction date: | June 7
|
| Settlement date: | June 8
|
| Issue date: | June 10
|
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