Arab Today, arab today south korea to sell 69tr won in state debts in october
Last Updated : GMT 08:44:49
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South Korea to sell 6.9tr won in state debts in October

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Arab Today, arab today South Korea to sell 6.9tr won in state debts in October

Seoul - Yonhap

South Korea plans to issue state bonds worth about 6.9 trillion won (US$6.4 billion) in October, the finance ministry said Thursday. According to the ministry, the government seeks to sell 1.85 trillion won in three-year Treasuries, 1.85 trillion won in five-year debts and 1.8 trillion won worth of 10-year bonds next month. It also plans to issue 700 billion won worth of bonds that mature in 20 years and 700 billion won in 30-year bonds. The ministry said it sold about 8.76 trillion won worth of bonds this month.

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