Short-term Bond Financing Reached 868 Trillion Won Last Year... 1.5% Increase YoY

The Korea Securities Depository announced on the 16th that the total amount of short-term bonds (STB) financing last year reached 868.3 trillion won, a 1.5% increase compared to the previous year (855.5 trillion won).

Short-term bonds refer to corporate bonds issued under certain conditions, such as a maturity of one year or less and a minimum issuance amount of 100 million won.

The issuance of general short-term bonds by financial institutions and general companies increased by 7.3% from the previous year to 625.3 trillion won. The issuance volume of securitized short-term bonds issued by Special Purpose Companies (SPC) decreased by 11% from the previous year to 243 trillion won.

The amount issued for maturities of 3 months (92 days) or less was 865.2 trillion won, accounting for 99.6% of the total issuance amount, and the issuance amount of A1 grade bonds reached 800.3 trillion won, representing 92.2% of the total issuance amount.

By industry, the issuance amounts were highest in the order of △securities companies △securitization companies △other financial businesses such as card and capital companies △general and public enterprises.

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