By Tali David
Minneapolis, July 9 - The Ministry of Finance of Korea auctioned KRW 1.7 trillion of five-year treasury bonds on Monday, according to a government notice.
The weighted average accepted rate was 3.34%.
Bids were received for KRW 7.855 trillion of the bonds for a bid-to-cover ratio of 462.1%.
Issuer: | Ministry of Finance of Korea
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Issue: | Treasury bonds
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Amount: | KRW 1.7 trillion
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Maturity: | Five years
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Average yield: | 3.34%
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Auction date: | July 9
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Settlement date: | July 10
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