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June Issuance In Line With May

KOREA RATES

The South Korean MOF released its June issuance plan late yesterday.

  • Key differences from May:
    • No pre-issue sale for 2-year, 3-year or 10-year
    • KRW 100bn linker sale added
    • 30-year sale reduced by KRW 100bn to KRW 3.4tn
    • Total sales in line at KRW 14.5tn
  • Fig.1: June Issuance Plan

Source: South Korea MOF

  • FIg.2: June Conversion Offer

Source: South Korea MOF

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