By Richard Connell
New York, Sept. 8 - The Ministry of Strategy and Finance of Korea auctioned 1.202 trillion won of three-year treasury bonds with a weighted average accepted rate of 4.31%.
For the 1.103 trillion won offering, bids were received for 2.867 trillion won and accepted for 1.202 trillion won.
The bid-to-cover ratio was 259.93%, and the bids received ranged from 4.29% to 4.36%.
| Issuer: | Ministry of Strategy and Finance of Korea
|
| Issue: | Bonds
|
| Amount: | 1.202 trillion won
|
| Maturity: | Three years
|
| Yield: | 4.31%
|
| Auction date: | Sept. 7
|
| Settlement date: | Sept. 8
|
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