Gov't to Consider Further Reducing Treasury Bond Issuance if Necessary: Finance Minister
6 Articles
6 Articles
Deputy Prime Minister and Minister of Finance and Economy Lee Hyung-il stated, “We will closely monitor trends in the government bond market and consider further reducing the volume of government bond issuance if necessary.” During a market situation review meeting held at the Korea Federation of Banks in Jung-gu, Seoul on the 2nd, Deputy Prime Minister Lee announced that the government would reduce the October government bond issuance volume by…
The Ministry of Finance and Economy announced on the 1st that it has decided to reduce the volume of government bond issuance this month by 5 trillion won compared to the original plan, utilizing surplus tax revenue. This move is intended to stabilize market interest rates at a lower level as they have recently risen. The Ministry stated, "We will consider measures to further reduce the issuance volume if necessary." On the same day, in its 'Oct…
(Sejong = Yonhap News) Reporter Lee Dae-hee = In order to stabilize soaring government bond yields, the government plans to [reduce] this month's total issuance of government bonds compared to the plan by utilizing surplus tax revenue...
Deputy Prime Minister and Minister of Finance and Economy Lee Hyung-il announced on the 2nd, “The government will reduce the volume of government bond issuance in October by 5 trillion won to stabilize the government bond market,” adding, “We will continue to closely monitor market trends and consider further reductions in bond issuance volume if necessary.” Deputy Prime Minister Lee made these remarks during a market situation review meeting he…
As the government continues to rise in government bond yields, it has decided to reduce the volume of government bond issuance this month by 5 trillion won.
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