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KOREA RATES

The South Korean MOF will today sell KRW 100bn of 10-year inflation linked securities, issue KTBi 01125-3006. Results due after 0630BST/1330HKT.

  • The last sale of the issue was February 19, the sale drew a yield of 0.570% and was covered 3.20x.
  • South Korea's CPI hit a 14-month high of 1.5% in March and the BOK said at its April meeting inflation will run around 2% before declining.

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