By Tali David
Minneapolis, July 23 - The Ministry of Finance of Korea auctioned KRW 750 billion of 20-year treasury bonds on Monday, according to a government notice.
The weighted average accepted rate was 3.18%.
Bids were received for KRW 3.65 trillion of bonds, for a bid-to-cover ratio of 486.5%.
Issuer: | Ministry of Finance of Korea
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Issue: | Treasury bonds
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Amount: | KRW 750 billion
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Maturity: | 20 years
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Average yield: | 3.18%
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Auction date: | July 23
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Settlement date: | July 24
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