By Richard Connell
New York, June 1 - The Ministry of Strategy and Finance of Korea auctioned 2.4 trillion won of three-year treasury bonds to yield 3.95%.
For the 2.4 trillion won offering, bids were received for 2.82 trillion won and accepted for 2.4 trillion won.
The bid-to-cover ratio was 117.5%, and the bids received ranged from 3.8% to 4.05%.
Issuer: | Ministry of Strategy and Finance of Korea
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Issue: | Bonds
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Amount: | 2.4 trillion won
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Maturity: | Three years
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Yield: | 3.95%
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Auction date: | June 1
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Settlement date: | June 2
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