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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: S.Korea govt to buy $2.8 bln in local bonds-report Reuters - Thursday, March 19 SEOUL, March 19 - South Korea's government plans to buy 4 trillion won in municipal bonds to shield local authorities from a sharp economic slowdown, a domestic internet news provider reported on Thursday. ADVERTISEMENT The government decided on the purchase as local governments are suffering from falling tax revenues amid the economic downturn, a senior government official was quoted as saying by eDaily. The purchase would be included in a planned extra budget, eDaily quoted the unnamed official as saying. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Business Oil rises to near $49 as stock rallies boost hopesAP - 1 hour 35 minutes ago Indian bond yields ranged, buyback watchedReuters - 1 hour 45 minutes ago UAE pardons 329 prisoners, cancels their debtReuters - 1 hour 52 minutes ago Indian shares turn negative after early gainsReuters - 1 hour 54 minutes ago FOREX-Dollar limps up from big plunge as Fed goes all outReuters - 1 hour 54 minutes ago Most Popular – Business Viewed AIG boss, and Obama, in firing line in Congress Actress Natasha Richardson dies after ski accident Injured actress Richardson flown to US: hospital Miniature carnivore dinosaurs roamed North America Arrest warrant issued for Lindsay Lohan View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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