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S. Korea to sell 6.9 tln won in state debts in June

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(Globalpost/GlobalPost)

SEJONG, May 30 (Yonhap) -- South Korea plans to issue state bonds worth about 6.9 trillion won (US$6.1 billion) in June, the finance ministry said Thursday.

According to the ministry, the government seeks to sell 1.8 trillion won in three-year Treasuries, 1.6 trillion won in five-year debts and 2 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 800 billion won in 30-year bonds.

The ministry said it sold about 7.4 trillion won worth of bonds this month.

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http://www.globalpost.com/dispatch/news/yonhap-news-agency/130530/s-korea-sell-69-tln-won-state-debts-june