South Korea predicts record 2021 bond sales to boost funding – Yahoo Finance

South Korea predicts record 2021 bond sales to boost funding – Yahoo Finance

(Bloomberg) – South Korea braces for another year of record bond issuance as the government prepares to increase its budget by 8.5% in 2021, raising questions about the ability of markets to absorb debt. sales.

The finance ministry will issue up to 172.9 trillion won ($ 145.6 billion) in sovereign debt in 2021, based on its budget proposal, according to An Il-whan, second deputy minister of the…

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