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30-Year Auction Preview

SOUTH KOREA

The MOF will today auction a total of KRW 3.0tn of 30-year bonds across a pre-issuance sale (KRW 1.2tn, results after 0130GMT/0930HKT) and fungible sale (KRW 1.8tn results after 0230GMT/1030HKT).

  • 30-year paper was previously sold on January 4, the auction size was larger at KRW 3.15tn, the sale drew an average yield of 1.815% and was covered 2.73x.

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