emirates7 - Corporate direct financing in South Korea rose by 8.4 percent year-on-year during the first half of the year, according to data cited by Yonhap News Agency.
South Korean companies secured a total of 149.93 trillion won (approximately US$108 billion) through stock and bond issuance from January to June, marking an increase of 11.61 trillion won compared to the same period last year, data from the Financial Supervisory Service revealed.
Equity financing declined, with stock issuance dropping by 842 billion won (16.6 percent) to 4.23 trillion won. This included a 7.5 percent decrease in funds raised through initial public offerings (IPOs), which totaled 1.45 trillion won.
In contrast, corporate bond issuance surged by 36 percent, or 12.45 trillion won, reaching 145.69 trillion won in the first half.
By the end of June, the total value of outstanding corporate bonds had climbed to 702.21 trillion won, up 44 trillion won, or 6.7 percent, from a year earlier.
South Korean companies secured a total of 149.93 trillion won (approximately US$108 billion) through stock and bond issuance from January to June, marking an increase of 11.61 trillion won compared to the same period last year, data from the Financial Supervisory Service revealed.
Equity financing declined, with stock issuance dropping by 842 billion won (16.6 percent) to 4.23 trillion won. This included a 7.5 percent decrease in funds raised through initial public offerings (IPOs), which totaled 1.45 trillion won.
In contrast, corporate bond issuance surged by 36 percent, or 12.45 trillion won, reaching 145.69 trillion won in the first half.
By the end of June, the total value of outstanding corporate bonds had climbed to 702.21 trillion won, up 44 trillion won, or 6.7 percent, from a year earlier.