MoEF "March Fiscal Bonds Issued 8 Trillion Won... Actively Supporting Fiscal Execution"

Ministry of Economy and Finance's 'March Treasury Bond Issuance Plan'

Timely Fundraising, Active Support for Fiscal Execution

[Asia Economy Reporter Jang Sehee] The Ministry of Economy and Finance announced on the 28th that it will issue a total of 8 trillion won in treasury bills in four installments next month.

Treasury bills are securities issued in the financial market to cover temporary shortages of funds in the treasury account. They are one of the short-term borrowing methods (issuing treasury bills, temporary borrowing from the Bank of Korea) that must be repaid within the year.

The issuance will be conducted through competitive bidding targeting monetary stabilization bond bidding institutions (20), government bond specialist dealers (17), reserve government bond specialist dealers (5), and treasury fund management institutions (3).

The outstanding amount of treasury bills to be issued next month is expected to increase by 8 trillion won compared to the previous month, reaching 15.5 trillion won.

The Ministry of Economy and Finance stated, "We plan to actively support fiscal execution by timely raising and supplying funds through the issuance of treasury bills and other measures."