Government to Issue 7 Trillion Won in Treasury Bonds in November

2 Trillion Won Less Than This Month

[Asia Economy Reporter Han Jinju] The government will issue government bonds worth 7 trillion won next month.

On the 27th, the Ministry of Economy and Finance announced the government bond issuance plan for November. The issuance scale next month is 2 trillion won less than this month.

Deputy Prime Minister and Minister of Economy and Finance Choo Kyung-ho announced on the 25th that, considering market conditions and fiscal capacity, the amount of government bonds to be issued for the remainder of this year will be boldly reduced from the original target.

The scheduled issuance amounts by maturity are ▲2-year bonds 1.1 trillion won ▲3-year bonds 1 trillion won ▲5-year bonds 1.1 trillion won ▲10-year bonds 1.4 trillion won ▲20-year bonds 400 billion won ▲30-year bonds 1.8 trillion won ▲50-year bonds 200 billion won.

Compared to the October issuance plan, the 2-year and 20-year bonds decreased by 200 billion won each, the 3-, 5-, and 10-year bonds decreased by 300 billion won each, the 30-year bonds decreased by 500 billion won, and the 50-year bonds decreased by 100 billion won.

Professional dealers (PD) and the general public can purchase a certain amount at the highest bid rate in competitive bidding for each maturity through non-competitive subscription in addition to the competitive bidding method.

The Ministry of Economy and Finance plans to purchase government bonds worth 1 trillion won once before maturity next month to prevent refinancing burdens caused by concentrated maturities at specific points in time.

To increase government bond liquidity, exchanges of 200 billion won between the elapsed 10-year and 20-year bonds and the 30-year benchmark bonds, and 100 billion won between the elapsed inflation-linked bonds and the inflation-linked benchmark bonds will also be conducted.

The provisional total issuance of government bonds this month, including competitive bidding and non-competitive subscription, was 10.84496 trillion won.

This content was produced with the assistance of AI translation services.