Most Popular
-
1
Dongduk Women’s University halts coeducation talks
-
2
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
-
3
Defense ministry denies special treatment for BTS’ V amid phone use allegations
-
4
OpenAI in talks with Samsung to power AI features, report says
-
5
Two jailed for forcing disabled teens into prostitution
-
6
Disney+ offers sneak peek at 2025 lineup of Korean originals
-
7
South Korean military plans to launch new division for future warfare
-
8
Gold bars and cash bundles; authorities confiscate millions from tax dodgers
-
9
Teen smoking, drinking decline, while mental health, dietary habits worsen
-
10
Kia EV9 GT marks world debut at LA Motor Show
South Korea's corporate direct financing edged up in September from the previous month due to a surge in bond sales, data showed Wednesday.
Local companies raised a combined 19.6 trillion won ($16.8 billion) by selling stocks and bonds in September, up 1.4 percent from a month ago, according to the data from the Financial Supervisory Service (FSS).
Corporate bond sales swelled 18.2 percent on-month to 17.6 trillion won in September.
In contrast, local firms' stock sales tumbled 54.5 percent to slightly over 2 trillion won due mainly to a sharp drop in initial public offerings.
Local corporations raised 1.4 trillion won through IPOs last month, down 65.6 percent from August.
Meanwhile, corporate sales of commercial paper short-term bonds sank 9.9 percent on-month to 137.2 trillion won last month, according to the data. (Yonhap)
Local companies raised a combined 19.6 trillion won ($16.8 billion) by selling stocks and bonds in September, up 1.4 percent from a month ago, according to the data from the Financial Supervisory Service (FSS).
Corporate bond sales swelled 18.2 percent on-month to 17.6 trillion won in September.
In contrast, local firms' stock sales tumbled 54.5 percent to slightly over 2 trillion won due mainly to a sharp drop in initial public offerings.
Local corporations raised 1.4 trillion won through IPOs last month, down 65.6 percent from August.
Meanwhile, corporate sales of commercial paper short-term bonds sank 9.9 percent on-month to 137.2 trillion won last month, according to the data. (Yonhap)
