Monday, January 25, 2010

South Korean bonds fall ahead of GDP data

http://www.cnbc.com/id/35053573/

The data is being keenly monitored by policy makers and investors in assessing the sustainability of the economic recovery, and whether the timing is ripe for higher borrowing costs. On the primary market, the sale of 20-year treasury bonds attracted strong bids, with the issuance exceeding 1 trillion won ($870.3 million), more than planned, amid foreign investors' buying interest.

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