E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/21/2009 in the Prospect News Emerging Markets Daily.

New Issue: Korea finance ministry auctions 1 trillion won 10-year bonds to yield 4.83%

By Richard Connell

New York, April 21 - The Ministry of Strategy and Finance of Korea auctioned 1 trillion won of 10-year treasury bonds to yield 4.83%.

For the 1 trillion won offering, bids were received for 1.535 trillion won and accepted for 1 trillion won.

The bid-to-cover ratio was 153.5%, and the bids received ranged from 4.6% to 4.94%.

Issuer:Ministry of Strategy and Finance of Korea
Issue:Bonds
Amount:1 trillion won
Maturity:10 years
Yield:4.83%
Auction date:April 20
Settlement date:April 21

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.