By Richard Connell
New York, March 2 - The Ministry of Strategy and Finance of Korea auctioned 2.28 trillion won of three-year treasury bonds to yield 3.87%.
Of the 2.28 trillion won offered, bids were received for 2.451 trillion won and accepted for 2.28 trillion won.
The bid-to-cover ratio was 107.5%, and the bids received ranged from 3.6% to 3.92%.
Issuer: | Ministry of Strategy and Finance of Korea
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Issue: | Bonds
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Amount: | 2.28 trillion won
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Maturity: | Three years
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Yield: | 3.87%
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Auction date: | March 2
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Settlement date: | March 3
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