S. Korea plans more treasury bond sales
China Daily |
Updated: 2019-12-25 13:36
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The South Korean government's treasury bond sale would rise in double digits next year, the country's finance ministry said on Monday.
The Ministry of Economy and Finance said that 130.2 trillion won ($111.8 billion) worth of government bonds planned to be issued in 2020.
It was up 28.0 percent, or 28.5 trillion won, from this year, marking the fastest yearly growth since 2009 when the global financial crisis rattled the economy.
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