Arab Today, arab today south korea to sell 68tn won in state debts in august
Last Updated : GMT 02:28:27
Arab Today, arab today
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South Korea to sell 6.8tn won in state debts in August

Arab Today, arab today

Arab Today, arab today South Korea to sell 6.8tn won in state debts in August

Seoul - Yonhap

South Korea plans to issue 6.8 trillion won (US$6.09 billion) worth of state bonds next month, the finance ministry said Thursday.  The government seeks to sell 1.8 trillion won each in three-year, five-year and 10-year Treasuries, according to the Ministry of Strategy and Finance.  It also plans to issue 700 billion won worth of bonds that mature in 20 years and another 700 billion won in 30-year bonds next month. The ministry, meanwhile, said it sold about 7.64 trillion won worth of bonds this month, ahead of its original plan to sell about 6.6 trillion won worth of debts.

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