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RoK plans to sell over 6 bln USD in state bonds in July

The Republic of Korea (RoK) plans to sell a combined 7 trillion won (6.23 billion USD) in State bonds in July, Yonhap news agency reported.
RoK plans to sell over 6 bln USD in state bonds in July ảnh 1The Ministry of Strategy and Finance (Source: Yonhap)

Seoul (VNA)
- The Republic of Korea (RoK) plans to sell a combined 7 trillionwon (6.23 billion USD) in State bonds in July, Yonhap news agency reported.

The government will issue 1.5 trillion won in bonds with a maturity of threeyears and another 1.5 trillion won in five-year bonds, Yonhap news agency citedthe Ministry of Strategy and Finance as saying on June 28.

It also plans to sell 1.65 trillion won in 10-year Treasurys and a combined 2.3trillion won of bonds with a maturity of 20 or 30 years.

The ministry said the RoK Government will repay State debts worth 200 billionwon in July.

In June, the ministry sold a total of 10.41 trillion won in state bonds,including 540 billion won worth of 5-year Treasurys.-VNA
VNA

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