Markets

South Korea to sell 6.7 trillion won T-bonds in Sept

Published August 28, 2014 Updated August 28, 2014 08:37am

SEOUL: South Korea plans to sell 6.7 trillion won ($6.60 billion) worth of treasury bonds through auctions in September, slightly less than 6.8 trillion won worth planned for August, the finance ministry said on Thursday.

The Ministry of Strategy and Finance also said it would exchange 0.35 trillion won worth of existing paper with new debt.