South Korea's Ministry of Finance said that if domestic yields rise excessively, South Korea will consider an urgent repurchase of bonds and a reduction in the issuance of government bonds, while closely monitoring government bond market trends. Finance Minister Lee Hyung-il hosted the first expanded meeting during his tenure to discuss macroeconomic, fiscal, and financial policies. Participants included Minister of Planning and Budget Park Hong-keun, Chairman of the Financial Services Committee Lee EOG-weon, and Bank of Korea Governor Shin Hyun-song. South Korea's domestic bond yields continued to rise due to rising oil prices and higher global interest rates due to the tightening of monetary policies in major economies. The government may also use some of the excess tax revenue to reduce the issuance of government bonds as a measure to stabilize the market.

South Korea's Ministry of Finance said that if domestic yields rise excessively, South Korea will consider repurchasing bonds urgently and reducing the issuance of government bonds, while closely monitoring government bond market trends. Finance Minister Lee Hyung-il hosted the first expanded meeting during his tenure to discuss macroeconomic, fiscal, and financial policies. Participants included Minister of Planning and Budget Park Hong-keun, Chairman of the Financial Services Committee Lee EOG-weon, and Bank of Korea Governor Shin Hyun-song. South Korea's domestic bond yields continued to rise due to rising oil prices and higher global interest rates due to the tightening of monetary policies in major economies. The government may also use some of the excess tax revenue to reduce the issuance of government bonds as a measure to stabilize the market.