Gov't to conduct 5 tln-won emergency bond buyback amid heightened volatility | Yonhap News Agency

## Summary
OK SEOUL, March 26 (Yonhap) -- The government will conduct an emergency bond buyback worth 5 trillion won (US$3.3 billion) to stabilize the government bond market, which has recently experienced heightened volatility, the finance ministry said Thursday. The buyback will be carried out on two separate two days -- 2.5 trillion won Friday and another 2.5 trillion won next Wednesday -- as the government seeks to reduce the economic impact of the prolonged war in the Middle East. The Ministry of Finance and Economy (Yonhap) (END) Related Articles (LEAD) Lee urges cooperation on energy-saving efforts, pledging no change in electricity prices (LEAD) Ruling party, gov't aim to submit extra budget bill to National Assembly next Tuesday Keywords #bond buyback #extra budget Articles with issue keywords Most Liked Netflix, BTS to turn Seoul into world's 'biggest watch party' 'BTS: The Return' captures brotherhood under 'heavy crown': director (3rd LD) About 40,000 fans gather for BTS comeback concert in downtown Seoul Korean Pavilion at Venice Biennale seeks comfort through art, with Han Kang's sculpture of blackened trees BTS to stage concert in Seoul's Gwanghwamun to mark long-awaited return Most Saved Netflix, BTS to turn Seoul into world's 'biggest watch party' 'BTS: The Return' captures brotherhood under 'heavy crown': director Korean Pavilion at Venice Biennale seeks comfort through art, with Han Kang's sculpture of blackened trees Downtown Seoul to enter security lockdown for massive crowd at BTS concert BTS to stage concert in Seoul's Gwanghwamun to mark long-awaited return Most Viewed All Categories (LEAD) Lee hails homegrown KF-21 fighter jets as leap forward into world's top 4 defense powerhouse (LEAD) N. Korean actor Lee Seo-jin prev Gov't to conduct 5 tln-won emergency bond buyback amid heightened volatility Next Gov't to conduct 5 tln-won emergency bond buyback amid heightened volatility

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SEOUL, March 26 (Yonhap) -- The government will conduct an emergency bond buyback worth 5 trillion won (US$3.3 billion) to stabilize the government bond market, which has recently experienced heightened volatility, the finance ministry said Thursday.
The buyback will be carried out on two separate two days -- 2.5 trillion won Friday and another 2.5 trillion won next Wednesday -- as the government seeks to reduce the economic impact of the prolonged war in the Middle East.
The ministry also plans to push for the net redemption of government bonds using excess tax revenue as part of a supplementary budget bill.
If approved, it would mark the first net redemption of government bonds through a supplementary budget in five years, since 2021.
The specific size will be determined during Cabinet deliberations and a parliamentary review, the ministry said.
Earlier in the day, the ruling Democratic Party and the government agreed to submit the extra budget bill to the National Assembly on Tuesday, aiming to ease the burden of rising oil prices and support small and midsize businesses, as well as vulnerable households affected by the prolonged conflict.
The Ministry of Finance and Economy (Yonhap)
(END)
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Gov't to conduct 5 tln-won emergency bond buyback amid heightened volatility

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## Expert Analysis

### Merits
- Korean sub to make trans-Pacific journey for joint drills with Canada amid major bid U.S. official says 'pretty extensive process' in progress for S.

### Areas for Consideration
- The Ministry of Finance and Economy (Yonhap) (END) Related Articles (LEAD) Lee urges cooperation on energy-saving efforts, pledging no change in electricity prices (LEAD) Ruling party, gov't aim to submit extra budget bill to National Assembly next Tuesday Keywords #bond buyback #extra budget Articles with issue keywords Most Liked Netflix, BTS to turn Seoul into world's 'biggest watch party' 'BTS: The Return' captures brotherhood under 'heavy crown': director (3rd LD) About 40,000 fans gather for BTS comeback concert in downtown Seoul Korean Pavilion at Venice Biennale seeks comfort through art, with Han Kang's sculpture of blackened trees BTS to stage concert in Seoul's Gwanghwamun to mark long-awaited return Most Saved Netflix, BTS to turn Seoul into world's 'biggest watch party' 'BTS: The Return' captures brotherhood under 'heavy crown': director Korean Pavilion at Venice Biennale seeks comfort through art, with Han Kang's sculpture of blackened trees Downtown Seoul to enter security lockdown for massive crowd at BTS concert BTS to stage concert in Seoul's Gwanghwamun to mark long-awaited return Most Viewed All Categories (LEAD) Lee hails homegrown KF-21 fighter jets as leap forward into world's top 4 defense powerhouse (LEAD) N.

### Implications
- OK SEOUL, March 26 (Yonhap) -- The government will conduct an emergency bond buyback worth 5 trillion won (US$3.3 billion) to stabilize the government bond market, which has recently experienced heightened volatility, the finance ministry said Thursday.
- The buyback will be carried out on two separate two days -- 2.5 trillion won Friday and another 2.5 trillion won next Wednesday -- as the government seeks to reduce the economic impact of the prolonged war in the Middle East.
- The specific size will be determined during Cabinet deliberations and a parliamentary review, the ministry said.
- The Ministry of Finance and Economy (Yonhap) (END) Related Articles (LEAD) Lee urges cooperation on energy-saving efforts, pledging no change in electricity prices (LEAD) Ruling party, gov't aim to submit extra budget bill to National Assembly next Tuesday Keywords #bond buyback #extra budget Articles with issue keywords Most Liked Netflix, BTS to turn Seoul into world's 'biggest watch party' 'BTS: The Return' captures brotherhood under 'heavy crown': director (3rd LD) About 40,000 fans gather for BTS comeback concert in downtown Seoul Korean Pavilion at Venice Biennale seeks comfort through art, with Han Kang's sculpture of blackened trees BTS to stage concert in Seoul's Gwanghwamun to mark long-awaited return Most Saved Netflix, BTS to turn Seoul into world's 'biggest watch party' 'BTS: The Return' captures brotherhood under 'heavy crown': director Korean Pavilion at Venice Biennale seeks comfort through art, with Han Kang's sculpture of blackened trees Downtown Seoul to enter security lockdown for massive crowd at BTS concert BTS to stage concert in Seoul's Gwanghwamun to mark long-awaited return Most Viewed All Categories (LEAD) Lee hails homegrown KF-21 fighter jets as leap forward into world's top 4 defense powerhouse (LEAD) N.

### Expert Commentary
This article covers bts, seoul, government topics. Notable strengths include discussion of bts. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 506.