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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World S.Korea finmin sees 90 trln won govt bonds in 2010-Yonhap Reuters - Saturday, December 12 Send IM Story Print SEOUL, Dec 12 - South Korean Finance Minister Yoon Jeung-hyun said on Saturday he expects the government and state-run companies to issue up to 90 trillion won ($77.65 billion) next year, Yonhap news agency reported. Yoon was also quoted as saying the country was preparing measures to stabilise the local bond markets, when a lawmaker told him that the government needed to adjust bond issuance plan due to recent Dubai's debt crisis. "I expect about 80-90 trillion won worth of bonds to be issued by the government and state-run companies in the domestic market next year, including 30 trillion won to make up for the expected budget deficit," Yoon told lawmakers, according to Yonhap. Last month, a finance ministry official said the government planned to issue 80 trillion won in treasury bonds next year. [ID:nSEO354783] That compared with this year's treasury planned issuance totalling 85.6 trillion won. Parliament has not yet approved the government's 290 trillion won budget for the next year. Ministry officials were not available for comments on the Yoon's remarks. Recommend Send IM Story Print Related Articles Obama blasts banks for opposing financial overhaul AP - 1 hour 13 minutes ago Ukraine asks U.S. for $2.3 bln loan on gas bill-Ifax Reuters - 1 hour 30 minutes ago Iraq aims to power out of war into oil big league Reuters - 1 hour 32 minutes ago China, Kazakhstan unveil landmark gas pipeline AP - 1 hour 54 minutes ago Saudi Maaden retenders $1 bln refinery contract-MEED Reuters - 2 hours 3 minutes ago News Search Top Stories US House passes historic financial sector overhaul Developing nations slam EU climate fund pledge Iran, Afghanistan, threaten Gulf security: Kuwaiti minister US extends executive pay limits at 4 bailed-out firms Greek PM rules out appeal to IMF More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended New Russian missile failure sparks UFO frenzy Tiger Woods' girlfriend apologizes in TV interview Iraq strikes deals with Big Oil on southern fields Expel chocolate milk from school lunches: activist Goldman Sachs to pay bonuses in stock More Most Viewed » Global stocks mixed amid Dubai debt crisis Tiny magnetic discs could kill cancer cells: study Virgin unveils spaceship to offer space tourism Mankind using Earth's resources at alarming rate Dubai blackout over debt plans to hit Gulf markets More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos Copyright © 2009 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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