H1 Short-Term Bond Financing Reaches 440 Trillion Won... 31% Decrease Compared to Same Period Last Year

The Korea Securities Depository announced on the 14th that the total short-term bond (STB) funding amount in the first half of this year was 440.3 trillion won, a 31.5% decrease compared to the same period last year. Compared to the previous half-year, it decreased by 8.3%.

Short-term bonds refer to corporate bonds issued under certain conditions such as a maturity of one year or less and issuance amount of 100 million won or less, with issuance, distribution, and rights exercise processed electronically through an electronic registration institution.

By type, general short-term bonds were issued at 298.3 trillion won, down 38.7% compared to the same period last year, and securitized short-term bonds were issued at 142 trillion won, down 9.1% compared to the same period last year. The issuance volume of foreign currency-denominated short-term bonds was 712.5 million dollars, a 46.4% decrease during the same period.

By maturity, bonds issued with a maturity of three months or less amounted to 438.9 trillion won, accounting for 99.7% of the total issuance amount. This is a 31.4% decrease compared to the same period last year. Bonds with a maturity of 93 to 365 days amounted to 1.4 trillion won, accounting for 0.3% of the total issuance amount, down 46.2% compared to the same period last year.

By credit rating, bonds with an A1 rating accounted for 398.7 trillion won, representing 90.6% of the total issuance amount.

By industry, the issuance amounts were highest in the following order: securitization companies (142 trillion won), securities companies (130 trillion won), general and public enterprises (92 trillion won), and other financial businesses such as card and capital companies (76.3 trillion won).

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