Korea to sell 5.5 tril. won in state debts in Sept.

Korea plans to issue state bonds worth 5.5 trillion won ($4.85 billion) in September, the finance ministry said Thursday.

According to the ministry, the government aims to sell 1.4 trillion won in three-year Treasuries, 1.6 trillion won in five-year debts and 1.45 trillion won worth of 10-year bonds next month.

It also plans to issue 650 billion won worth of bonds that mature in 20 years and sell 400 billion won in 30-year bonds.