By Susanna Moon
Chicago, March 25 - The Ministry of Finance of Korea auctioned KRW 600 billion of 4% 20-year treasury bonds in a reopening on Monday, according to a government notice.
The weighted average accepted rate was 3.04%.
Bids were received for KRW 2.76 trillion of bonds, for a bid-to-cover ratio of 459.5%.
The bids received ranged from 3.03% to 3.07%.
| Issuer: | Ministry of Finance of Korea
|
| Issue: | Treasury bonds
|
| Amount: | KRW 600 billion
|
| Maturity: | 20 years
|
| Coupon: | 4%
|
| Average yield: | 3.04%
|
| Issue date: | Dec. 10, 2011
|
| Auction date: | March 25
|
| Settlement date: | March 26
|
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