By Richard Connell
New York, Nov. 3 - The Ministry of Strategy and Finance of Korea auctioned a 1.88 billion won reopening of three-year treasury bonds to yield 4.6%.
Of the 1.95 billion won offered, bids were received for 2.08 billion won and accepted for 1.88 billion won.
The bid to cover ratio was 106.67% and the bids received ranged from 4.48% to 5.61%.
the original bonds were issued on June 10.
Issuer: | Ministry of Strategy and Finance of Korea
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Issue: | Bonds
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Amount: | 1.88 billion won
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Maturity: | Three years
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Yield: | 4.6%
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Auction date: | Nov. 3
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Settlement date: | Nov. 4
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