By Richard Connell
New York, March 23 - The Ministry of Strategy and Finance of Korea auctioned 398 billion won of 20-year treasury bonds to yield 5.1%.
Of the 400 billion won offered, bids were received and accepted for 398 billion won.
The bid-to-cover ratio was 99.5%, and the bids received ranged from 4.8% to 5.1%.
| Issuer: | Ministry of Strategy and Finance of Korea
|
| Issue: | Bonds
|
| Amount: | 398 billion won
|
| Maturity: | 20 years
|
| Yield: | 5.1%
|
| Auction date: | March 23
|
| Settlement date: | March 24
|
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