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S. Korea issues US$1.5 billion in bonds at record low rates Updated: 2019-06-13 16:40:14 KST

The South Korean government has issued one.five-billion U.S. dollars of foreign exchange equalization bonds at the lowest rate on record.
The finance ministry says one billion dollars in dollar-denominated conventional bonds were sold, with the other 5-hundred million being dollar-denominated Green and Sustainability bonds.
It's the first time that the government has issued Green and Sustainability bonds with a five-year maturity at a rate as low as 2.18 percent.
Lower rates means demand for the bonds is high, and the ministry says the sale reaffirms foreign investors' confidence in the South Korean economy at a time of rising global uncertainty.
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