ID :
80079
Tue, 09/15/2009 - 20:31
Auther :

S. Korea to buy back 1 tln won in gov't bonds this month

SEOUL, Sept. 15 (Yonhap) -- South Korea's government said Tuesday that it plans
to buy back around 1 trillion won (US$826 million) worth of state bonds this
month to bolster transactions in the treasury market.
The buyback will be made on Sept. 29 for three- and five-year bonds that will
mature in December this year, the Ministry of Strategy and Finance said in a
statement.
Details will be unveiled on the official Web site of the Bank of Korea, the
nation's central bank, on Sept. 24, the ministry added.
kokobj@yna.co.kr
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