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The South Korean MOF will today sell a total KRW 2.5tn of 5-year bonds in a KRW 1tn pre-issue sale (issue KTB 00000-2609) and a KRW 1.5tn fungible sale (issue KTB 01250-2603), results due after 0335BST/1035HKT.

  • The MOF last sold 5-year paper (issue KTB 01250-2603) on June 21, the sale drew a yield of 1.675% and was covered 2.868%. In the secondary market 5-year issue yields 1.76%.

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