Q3 Short-Term Bond Fundraising Scale 189 Trillion Won... 24.6% Decrease YoY

Due to high interest rates, the scale of short-term bond financing in the third quarter of this year decreased by about 25% compared to the same period last year.

According to the Korea Securities Depository on the 16th, the total amount of short-term bond financing in the third quarter was 189.1 trillion won, down 24.6% from the same period last year. It also decreased by 15.4% compared to the previous quarter.

By type, general short-term bonds issued by financial institutions and general companies amounted to 125.7 trillion won, a 23.9% decrease compared to the same period last year, while securitization short-term bonds issued by Special Purpose Companies (SPC) amounted to 63.4 trillion won, down 26%.

By maturity, the amount issued for bonds with a maturity of 3 months (92 days) or less was 188.8 trillion won, accounting for 99.8% of the total issuance amount, while bonds with a maturity of 93 to 365 days amounted to 300 billion won, accounting for 0.2% of the total issuance amount.

By credit rating, bonds rated A1 accounted for 170.8 trillion won, representing 90.3% of the total issuance amount.

By industry, the issuance amounts were highest in the following order: Special Purpose Companies (63.4 trillion won), securities companies (50 trillion won), general and public enterprises (38.2 trillion won), and other financial businesses such as card and capital companies (37.5 trillion won).

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