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Futures in South Korea lower, but off session lows. South Korean Finance Minister Hong crossed the wires saying the MOF would review allocating a second extra budget, but added that South Korea won't need to issue deficit bonds for the extra budget. 10-Year future rose from 124.98 to 125.07 last, down 3 ticks on the session. There were reports earlier this week that government ministries and state agencies have requested a 6.3% hike in their budgets for next year as they seek to cope with post-pandemic economic recovery and implement key policy projects.

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