South Korea plans to sell 14.5 trillion won (US$11 billion) in state bonds this month, the finance ministry said Thursday.

The country will issue 2.6 trillion won in Treasurys with a maturity of three years, and another 2.2 trillion won in five-year government bonds in March, according to the Ministry of Economy and Finance.

It also plans to sell 2.6 trillion won in bonds with a maturity of 10 years and 1.1 trillion won in 20-year Treasurys, and float 3.7 trillion won in bonds with a maturity of 30 years.

South Korea issued 13.4 trillion won in state bonds in February.

Source: Yonhap News Agency