S. Korea to sell 5 tln won worth of Treasurys in Nov.

SEOUL, – South Korea plans to sell 5 trillion won (US$3.68 billion) in state bonds next month, the finance ministry said Thursday.

The country will issue 700 billion won in Treasurys with a maturity of two years and 1.1 trillion won in three-year government bonds in November, according to the Ministry of Economy and Finance.

It also plans to sell 800 billion won in bonds with a maturity of five years and 900 billion won in 10-year Treasurys.

It will float 300 billion won and 900 billion won in bonds with a maturity of 20 years and 30 years, respectively, along with 300 billion won in 50-year Treasurys.

South Korea issued 10.2 trillion won in state bonds in October, the ministry said.

Source: Yonhap News Agency