On August 29, ten data reported that South Korean officials stated that South Korea will issue a record 232 trillion won in bonds in 2026 to fund President Lee Jae-myung's expansionary fiscal agenda, with government spending expected to rise by 8.1% compared to this year. Of this, 115.7 trillion won will be net new bonds. The government originally planned to issue 201.3 trillion won in national bonds this year, but after two supplementary budgets, the scale of national bond issuance has increased to 231.1 trillion won. In addition to national bonds, South Korea will also seek parliamentary approval in 2026 to issue 1.4 billion dollars in offshore bonds and 13.7 trillion won in domestic currency-denominated forex stabilization bonds. The scale of national bond data generally meets strategists' expectations. Previously, iM Securities had predicted the issuance scale to be around 233 trillion won, while Citigroup's forecast was around 220 trillion won.
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Rambler1
· 08-29 02:30
On August 29, ten data reported that South Korean officials stated that South Korea will issue a record 232 trillion won in bonds in 2026 to fund President Lee Jae-myung's expansionary fiscal agenda, with government spending expected to rise by 8.1% compared to this year. Of this, 115.7 trillion won will be net new bonds. The government originally planned to issue 201.3 trillion won in national bonds this year, but after two supplementary budgets, the scale of national bond issuance has increased to 231.1 trillion won. In addition to national bonds, South Korea will also seek parliamentary approval in 2026 to issue 1.4 billion dollars in offshore bonds and 13.7 trillion won in domestic currency-denominated forex stabilization bonds. The scale of national bond data generally meets strategists' expectations. Previously, iM Securities had predicted the issuance scale to be around 233 trillion won, while Citigroup's forecast was around 220 trillion won.
On August 29, ten data reported that South Korean officials stated that South Korea will issue a record 232 trillion won in bonds in 2026 to fund President Lee Jae-myung's expansionary fiscal agenda, with government spending expected to rise by 8.1% compared to this year. Of this, 115.7 trillion won will be net new bonds. The government originally planned to issue 201.3 trillion won in national bonds this year, but after two supplementary budgets, the scale of national bond issuance has increased to 231.1 trillion won. In addition to national bonds, South Korea will also seek parliamentary approval in 2026 to issue 1.4 billion dollars in offshore bonds and 13.7 trillion won in domestic currency-denominated forex stabilization bonds. The scale of national bond data generally meets strategists' expectations. Previously, iM Securities had predicted the issuance scale to be around 233 trillion won, while Citigroup's forecast was around 220 trillion won.