The South Korean government said Thursday that it will sell bonds worth 6.16 trillion won (4.78 billion U.S. dollars) in July.

The South Korean Finance Ministry said it will sell three-year treasuries worth 2.2 trillion won (7.76 billion U.S. dollars), five-year treasuries worth 1.96 trillion won (1.52 billion U.S. dollars), and 10-year treasuries worth 1.3 trillion won (1.0 billion U.S. dollars).

The nation also plans on issuing 20-year state bonds worth 700 billion won (543.14 million U.S. dollars).