Issuance of 6 Trillion KRW in April Treasury Bonds... Repayment of Existing Issuances
[Sejong=Asia Economy Reporter Moon Chaeseok] The Ministry of Economy and Finance announced on the 26th that it plans to issue treasury bonds worth 6 trillion won next month.
This treasury bond issuance will be conducted through a competitive bidding process involving institutions participating in Monetary Stabilization Bonds auctions and specialized government bond dealers, carried out in a total of four rounds.
The funds raised through this will be used to repay previously issued treasury bonds.
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Treasury bonds are securities issued in the financial market to cover temporarily occurring shortages in the national treasury funds.
This content was produced with the assistance of AI translation services.
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