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Auction Results

KOREA RATES

South Korea sells KRW 1.25tn of 3-year bonds, issue KTB 00000-2406 in pre-issue sale

    • Yield: 1.23%, cover 1.368.
  • Sells KRW 1.846tn of 3-year bonds, issue KTB 00875-2312 in fungible sale.
    • Yield: 1.145%, cover 3.587
  • For reference, the previous sale on March 8 was for KRW 3.1tn and drew a yield of 1.090% and was covered 2.90x.

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