Government to Issue KRW 15 Trillion Competitive Bidding for June Treasury Bonds

The Ministry of Economy and Finance announced on the 25th that it will issue government bonds worth 15 trillion won next month through a competitive bidding process.

This amount is the same as the planned issuance scale for this month using the competitive bidding method.

Looking at the issuance scale by maturity next month, it will be 1.7 trillion won for 2-year bonds, 2.6 trillion won for 3-year bonds, 2.4 trillion won for 5-year bonds, 2.7 trillion won for 10-year bonds, 1.1 trillion won for 20-year bonds, 3.8 trillion won for 30-year bonds, 600 billion won for 50-year bonds, and 100 billion won for inflation-linked bonds.

Professional dealers (PDs) and the general public can purchase a certain amount through a non-competitive subscription method in addition to competitive bidding. The interest rate level will be the winning bid rate at the time of competitive bidding.

The Ministry of Economy and Finance will conduct exchanges worth about 300 billion won between the 10-year and 20-year matured issues and the 30-year benchmark issue to enhance the liquidity of government bonds.

The actual issuance scale of government bonds this month is expected to be around 18.0984 trillion won.

Accordingly, the issuance scale of government bonds from January to May this year is 81.9551 trillion won. However, the final issuance results may vary depending on the outcome of the 20-year non-competitive subscription scheduled for the 26th.

This content was produced with the assistance of AI translation services.