According to the ministry on June 25, the competitive bidding size for July has increased by 2 trillion won from the previous month. The breakdown by maturity is as follows: 2-year bonds at 2.8 trillion won, 3-year bonds at 3.3 trillion won, 5-year bonds at 2.8 trillion won, 10-year bonds at 2.8 trillion won, 20-year bonds at 400 billion won, 30-year bonds at 3.1 trillion won, and 50-year bonds at 800 billion won.
Both PDs and the general public will have the opportunity to purchase a certain amount of bonds at the competitive bidding rate through non-competitive bids. The ministry plans to announce whether non-competitive bids will be conducted based on market conditions.
Additionally, the government will exchange 2 billion won between 10-year, 20-year, and 30-year bonds and 1 billion won between inflation-linked bonds and 10-year nominal bonds to enhance liquidity in the government bond market.
For government bonds maturing next year and the following year, the ministry will implement a buyback of approximately 2 trillion won before maturity.
The total issuance of government bonds in the first half of this year stands at 124.1 trillion won, accounting for 55% of the total, with final issuance figures subject to change based on the results of the non-competitive bidding for 20-year bonds, which will be announced on June 26.
Furthermore, no treasury securities will be issued next month. As of today, the outstanding amount of treasury securities is 16.5 trillion won, while the Bank of Korea's temporary borrowing stands at 13.3 trillion won.
Next month, the issuance of won-denominated foreign bonds will amount to 1 trillion won, conducted through a competitive bidding process with participation from 31 institutions.
* This article has been translated by AI.
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