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KOREA RATES

The Bank of Korea will today auction KRW 700bn of 1-year MSB's, results due after 0230BST/1030HKT.

  • The BOK previously sold 1-year debt on April 12, the sale drew an average yield of 0.63% and was covered 1.1857x.
  • Also today, the South Korean MOF will sell KRW 2.7tn 5-year bonds, issue KTB 01250-2603. Results due after 0330BST/1030HKT
  • The MOF previously sold 5-year debt on March 10, the sale drew an average yield of 1.640% and was covered 2.88x.

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