이 누리집은 대한민국 공식 전자정부 누리집입니다.
Biz News Korea(Eng)
Foreign appetite for Korean debt strong despite geopolitical risks
- Collected
- 2017.05.09
- Distributed
- 2017.05.10
- Source
- Go Direct
According to the Korea Financial Investment Association on Monday, foreign investors net bought Korean bonds worth 4.3 trillion won ($3.8 billion) - 1.4 trillion won in government bonds and 2.9 trillion won in central bank-issued monetary stabilization bonds.
But the nation’s over-the-counter bond transaction in April sank 60.5 trillion won to 381.9 trillion won from the previous month as local institutions turned tepid amid geopolitical and political uncertainties. The daily transaction value averaged 19.1 trillion won, down 1 trillion won from a month earlier.
The balance of local bonds held by offshore investors stood at 100.6 trillion won as of April 30, up 1.4 trillion won from the previous month.
The volume of new papers expanded to 59.8 trillion won, up 5.4 trillion won from a month ago period as local companies rushed with issues before interest rates go higher from increases in the U.S. rates.
Corporate offerings surged 59 percent from the previous month to 8.6 trillion won.
Issues by A or higher investment grade skyrocketed 107.8 percent on month to reach 6.1 trillion won.
By Ko Min-suh
[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]