Bond and CD Registration Issuance through KSD in H1 Reaches 247 Trillion KRW, Up 5% Year-on-Year

[Asia Economy Reporter Lee Seon-ae] The Korea Securities Depository (KSD) announced on the 15th that the scale of corporate and other entities' fundraising through the KSD's electronic registration system for bonds and certificates of deposit (CDs) in the first half of this year amounted to approximately KRW 247.1 trillion. This represents an increase of 5% compared to the same period last year (KRW 235.2 trillion) and 12.7% compared to the previous half (KRW 219.1 trillion).

According to the KSD, the registered issuance volume of bonds in the first half was about KRW 230 trillion, up 3.9% from KRW 221.2 trillion in the same period last year. Compared to the previous half (KRW 208.6 trillion), it increased by 10.2%. The registered issuance volume of CDs was about KRW 17.1 trillion, up 22.1% from KRW 14 trillion in the same period last year. Compared to the previous half (KRW 10.5 trillion), it rose by 62.8%.

By type, the registered issuance volumes were KRW 9.8 trillion for National Housing Bonds, KRW 3.2 trillion for Local Government Bonds, KRW 139.3 trillion for Corporate Bonds including Financial Company Bonds and Special Purpose Company (SPC) Bonds, KRW 75.5 trillion for Special Bonds, and KRW 2.2 trillion for Local Public Corporation Bonds. The issuance shares by type were Special Bonds (30.5%), Financial Company Bonds (29.8%), General Corporate Bonds (17.6%), SPC Bonds (8.9%), CDs (7%), National Housing Bonds (4%), Local Government Bonds (1.3%), and Local Public Corporation Bonds (0.9%) in that order.

For Local Government Bonds, a total of KRW 3.2 trillion was registered and issued, down 23.8% from KRW 4.2 trillion in the same period last year. Compared to the previous half (KRW 3.5 trillion), it decreased by 8.5%. By maturity, long-term bonds accounted for most of the issuance with KRW 3.0154 trillion (95.3%). Medium-term bonds were KRW 150 billion (4.7%), and no short-term bonds were issued in the first half.

Financial Company Bonds saw about KRW 73.8 trillion registered and issued, up 37.9% from KRW 53.5 trillion in the same period last year. Compared to the previous half (KRW 69.6 trillion), it increased by 6%. By maturity, medium-term bonds accounted for KRW 44.4756 trillion (60.3%), long-term bonds KRW 21.3157 trillion (28.9%), and short-term bonds KRW 7.9891 trillion (10.8%).

General Corporate Bonds had about KRW 43.5 trillion registered and issued, up 15.6% from KRW 37.6 trillion in the same period last year. Compared to the previous half (KRW 26.2 trillion), it rose by 66%. By maturity, medium-term bonds accounted for KRW 23.7589 trillion (54.6%), long-term bonds KRW 18.9765 trillion (43.6%), and short-term bonds KRW 763.1 billion (1.8%).

Securitized SPC Bonds registered and issued about KRW 22 trillion, up 23.6% from KRW 17.8 trillion in the same period last year. Compared to the previous half (KRW 20.5 trillion), it increased by 7.3%. By maturity, medium-term bonds accounted for KRW 9.5265 trillion (43.4%), short-term bonds KRW 9.161 trillion (41.7%), and long-term bonds KRW 3.2581 trillion (14.8%).

Special Bonds registered and issued about KRW 75.5 trillion, down 22.4% from KRW 97.4 trillion in the same period last year. Compared to the previous half (KRW 77.6 trillion), it decreased by 2.7%. By maturity, medium-term bonds accounted for KRW 33.0452 trillion (43.8%), short-term bonds KRW 27.75 trillion (36.8%), and long-term bonds KRW 14.6621 trillion (19.4%).

Local Public Corporation Bonds registered and issued about KRW 2.2 trillion, up 15.7% from KRW 1.9 trillion in the same period last year. Compared to the previous half (KRW 1.3 trillion), it increased by 69.2%. By maturity, long-term bonds accounted for KRW 1.0716 trillion (48.1%), medium-term bonds KRW 827.1 billion (37.1%), and short-term bonds KRW 330 billion (14.8%).

This content was produced with the assistance of AI translation services.