South Korea to offer 3tn won in fiscal bonds in June

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SEOUL : The South Korean government will sell 3 trillion Korean won ($2.8 billion) worth of 28-day fiscal bonds this mon

The sale in two batches will take place on June 15 and June 22 for 1.5 trillion won each, it said in a statement.

The amount of net issuance will be 1.3 trillion won with the proceeds from the other 1.7 trillion won set to be used for repayment.

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