Korea Economic Daily quoted anonymous sources in the banking industry as saying that South Korea's Ministry of Planning and Finance asked banks not to aggressively issue bonds, and worried that centralized bond issuance would boost treasury bond yields. South Korea's Ministry of Finance raised the issue of excessive competition for bank debt issuance at meetings with major bank executives. Net issuance of bank bonds doubled year-on-year to 23.28 trillion won in the third quarter; net issuance jumped to 2.45 trillion won in October, compared to 656 billion won in the same period last year.

Zhitongcaijing · 1d ago
Korea Economic Daily quoted anonymous sources in the banking industry as saying that South Korea's Ministry of Planning and Finance asked banks not to aggressively issue bonds, and worried that centralized bond issuance would boost treasury bond yields. South Korea's Ministry of Finance raised the issue of excessive competition for bank debt issuance at meetings with major bank executives. Net issuance of bank bonds doubled year-on-year to 23.28 trillion won in the third quarter; net issuance jumped to 2.45 trillion won in October, compared to 656 billion won in the same period last year.