South Korea will issue 102.7 trillion won (US$93.1 billion) worth of state bonds in 2015 to finance its expansionary spending plans aimed at economic recovery, the finance ministry said Tuesday.

The ministry said it will issue 8-9 trillion won worth of Treasurys every month in the new year. Some 20-30 percent of state bonds will be issued with a maturity of three years, with five-year bonds and 10-year bonds to make up 20-30 percent and 25-35 percent of the total, it said. The government will also issue bonds with maturities of 20 years and 30 years to spread out the payment burden, the ministry said.

"Overall sales of bonds should take place without a hitch despite concerns that the United States will raise its key interest rates and other financial uncertainties," the ministry said.

The government will also take steps to enhance the stability and efficiency of the local state bonds market in the new year, it said.

Efforts will be made to systematically monitor the market and facilitate exchange of information, and more attention will be paid to improving the status of so-called primary dealers who only handle Treasurys, it said.

"By providing better information and investment opportunities, the goal is to build up the local infrastructure for Treasurys so it can contribute to growth of the country's capital market," the ministry said. (Yonhap)