SEOUL, Sept. 15 (Korea Bizwire) — South Korea’s corporate bond market is showing renewed strength as expectations of interest rate cuts fuel demand for higher-yielding securities, driving credit spreads to their lowest levels of the year. According to data from the Korea Financial Investment Association and Infomax, the spread between three-year AA- corporate bonds and equivalent [...]
SEOUL, Jan. 9 (Korea Bizwire) — The volume of corporate bonds maturing in the first quarter of 2025 has risen sharply, marking a 27% increase compared to the same period last year. According to Yonhap Infomax on January 9, the total amount of general corporate bonds set to mature this quarter stands at ₩24.92 trillion, up [...]
SEOUL, Nov. 16 (Korea Bizwire) — As South Korea’s corporate bond market is facing the extreme risk of a credit crunch, the net issuance of corporate bonds was overtaken by the net redemption of corporate bonds this year for the first time in six years. Hyundai Motor Securities Co. analyzed the change in the amount [...]
SEOUL, Oct. 23 (Korea Bizwire) — South Korea’s financial authorities announced plans Sunday to expand liquidity supply programs to at least 50 trillion won (US$34.7 billion) as part of efforts to calm corporate bond market jitters. Finance Minister Choo Kyung-ho made the announcement right after an emergency meeting with the central bank chief and top [...]