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The yield on three-year government bonds reached 3.669 percent, and the yield on 10-year government bonds was at 3.606 percent on Monday, according to the Korea Financial Investment Association on Tuesday.
Korea plans to sell 3.8 trillion won ($2.86 billion) in government bonds next month, the finance ministry said Thursday.
Government liabilities last year exceeded 2,000 trillion won ($1.65 billion) for the first time as spending surged to fight the pandemic. Increases in public service provisions dues to increased hiring also stressed the budget.
Korea JoongAng Daily Sitemap