South Korea's Ministry of Finance said that it has not yet decided whether to use this year's excess tax revenue to further reduce treasury bond issuance in November and December, nor has it determined the scale of related reductions. Earlier, Korea's News1 news reported that South Korea is considering using excessive tax revenue to cut the issuance of treasury bonds by up to 10 trillion won in November and December. Note: South Korea cut the issuance of planned bonds by 5 trillion won in October to curb upward pressure on yields.

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