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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 may cut treasury bond sales plan in 2009 Reuters - 2 hours 36 minutes ago SEOUL, Dec 26 - South Korea has room to cut treasury bond offerings by around 6 trillion won in 2009 from an earlier plan totalling 74.3 trillion won, a senior finance ministry official told Reuters on Friday. But Kim Keun-soo, head of the treasury bureau at the Ministry of Strategy and Finance, said the ministry has yet to decide whether or how much to reduce bond offerings. "The government has bought back more treasury bonds due for maturity in 2009 than planned. amounted to more than 6 trillion won," he said, adding his ministry might reduce as much worth of new issuances next year. South Korea has earlier said it would aim to issue sell 74.3 trillion won worth of treasury bonds in 2009, including 44.5 trillion won worth to roll over the maturing bonds. (Reporting by Lee Shin-hyung; Writing by Yoo Choonsik; Editing by Victoria Main) 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 India bond yields up on inflation, securityReuters - 19 minutes ago 6 Chinese go on trial for selling melamineAP - 21 minutes ago Russia's ruble drops to 3-year low against dollarAP - 25 minutes ago India bought 28.95 bln rupees of bonds in wk Dec 19Reuters - 32 minutes ago India's cbank loans to govt nil in week to Dec 19Reuters - 32 minutes ago Most Popular – Business Viewed US sees no holiday cheer; Russia, China warn of grim 2009 Actress Jennifer Aniston appears naked in GQ magazine Australian 'mummy smuggler' arrested in Cairo Funeral of Guinea strongman as junta tightens grip Weather outside frightful for US, Canada travelers View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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