MK Business News Logo
Friday, August 01, 2014 search icon
검색 search
Top Stories
Finance
Market
Economy
Companies
General
Opinion Editorial
Archive
Photo
Subscribe to MK English Newsletter
World Knowledge Forum

Home > mk Business News 프린트 이메일 전송 리스트
S. Korean firms’ direct financing drops to record low of $12.48 bn
2012.11.20 10:45:33 | 2012.11.20 15:19:16
보내기
South Korean companies’ financing through stock and bond issuances skyrocketed in October when compared to the previous month, showed a recent data.

[S. Korean firms’ direct financing drops to record low of $12.48 bn] 기사의 본문 이미지


The combined amount of corporate direct financing in October amounted to 13.55 trillion won ($12.48 billion), up 1.67 trillion won (14.1 percent) from the previous month (11.87 trillion won), according to the Financial Supervisory Service (FSS) Tuesday. On an accumulative basis, during the period of January-October, the amount shrank 2.6 percent on-year to 112.7 trillion won.

Corporate bond issuances grew 1.5 trillion won (13.3 percent) on-month to 13.4 trillion won.

Among them, regular corporate bond issuances went up 1.4 trillion won (28 percent) from the previous month to 6.4 trillion won. Bonds issued by large companies amounted to 6.4 trillion won, accounting for 99.7 percent of the total issuances.

Financial bonds jumped 42.8 percent on-month (882.7 billion won) to 2.94 trillion won. The rise came from a 1.16 trillion won on-month growth (173.6 percent) in credit card loan issuances.

During the cited period, stock issuances jumped 241.3 percent to 146.4 billion won from the previous month. However, there was only one case (Avatec) of IPOs (initial public offerings) and seven cases of rights offerings worth a total of 127.8 billion won, both of which saw declines compared to the previous year. On an accumulative basis, stock issuances also dropped 81.1 percent on-year to 1.4 trillion won during the period of January-October.

[Written by Young-sang Yoo - Jieun Lee / edited by Soyoung Chung]



[ⓒ Maeil Business Newspaper & mk.co.kr, All rights reserved]

경제용어사전 프린트 이메일 전송 리스트

PDF list
Fri, Aug 01, 2014
Latest News
Cheong Wa Dae picks 19 pending bills ..
Local consumers turn eyes to home fas..
Typhoon Nakri to head northward with ..
S. Korea, Japan to face off in global..
KCCI chief to propose adding sunset p..
July consumer price inflation eases t..
S. Korea adopts PS-LTE method for dis..
Opposition leaders resign over by-ele..
S. Korea heralds $5bn electric boiler..
Samsung’s capex for this year at $23..
Press Releases&Speeches
[Press Release] US Representative Kin..
[Press Release] Consumer Price Index,..
Today Vocab&Phases
[08/04 Mon] Adjusted book value
ethereal, vacuous
Announcement

Terms of Use | Advertise With Us | Privacy Policy | Copyright Policy | Contact Us | Unauthorized collection of e-mail addresses disapproved
Copyrightⓒ 2009 Maeil Business Newspaper & MK Inc. All rights reserved.