Government to Issue 800 Billion KRW of Treasury Bonds This Month
Non-Competitive Acquisition Recruitment Method
The government announced on the 21st that it will issue 800 billion KRW worth of government bonds this month through a non-competitive subscription method.
It plans to issue 300 billion KRW for 3-year bonds, 200 billion KRW for 10-year bonds, and 300 billion KRW for 30-year bonds by maturity.
Government bond primary dealers (PDs) can bid for demand quantities by maturity, and the awarded quantities will be allocated proportionally to each PD's bid volume within the pre-announced issuance volume range.
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The issuance interest rates by maturity will be announced on the government bond market website at 10:30 AM on the bidding day, the 29th, considering market conditions such as prevailing interest rates.
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