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BoK To Sell 2-Year MSB's

KOREA RATES

The Bank of Korea will today sell KRW 2.2tn of 2-Year monetary stabilization bonds (MSB's). Results due after 0230BST/0930HKT.

  • The bank previously sold 2-year debt on April 21, the sale drew an average yield of 0.88% and was covered 1.6111x. As a note the MOF sold 2-year paper on May 11, auction size KRW 733bn with a yield of 0.925% and bid/cover of 2.3929.

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