By Toni Weeks
San Diego, Nov. 26 - The Ministry of Finance of Korea auctioned KRW 701 billion of 4% 20-year treasury bonds on Monday, according to a government notice.
The weighted average accepted rate was 3.09%.
Bids were received for KRW 3.3 trillion of bonds for a bid-to-cover ratio of 471.6%.
Issuer: | Ministry of Finance of Korea
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Issue: | Treasury bonds
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Amount: | KRW 701 billion
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Maturity: | 20 years
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Coupon: | 4%
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Average yield: | 3.09%
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Auction date: | Nov. 26
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Settlement date: | Nov. 27
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