Free Trial

Reduced Issuance In August


The South Korean MOF will sell KRW 12.5tn of government bonds in August, down from KRW 17.9tn in July. A total of KRW 176.4 trillion will be sold this year as South Korea seeks to finance fiscal spending to cope with the pandemic.

    • Key differences:
  • 2-Year sale KRW 100bn smaller and split into pre-issue and fungible sale
  • 3-Year sale KRW 300bn smaller
  • 5-Year sale KRW 300bn smaller
  • 10-Year sale KRW 200bn smaller
  • KRW 100bn linker sale included; Inflation linked conversion offer excluded
  • 20-Year sale KRW 150bn smaller
  • 30-Year sale KRW 150bn smaller
  • Inflation linked conversion offer excluded
  • Fig.1: August Issuance Plan

Source: MOF

To read the full story

Why Subscribe to


MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.