South Korea's corporate bond sales rose 67.0% last month to 25.11 trillion won due to strong refinancing demand.
South Korea's corporate bond sales increased 67.0% last month, reaching 25.11 trillion won (~$18.8 billion) due to strong refinancing demand from industrial and financial businesses. The country's central bank has maintained a 2.1% growth outlook for 2024, with headline inflation projections at 2.6%. The Bank of Korea held its key rate at 3.50% for a ninth consecutive time, indicating a continued focus on inflation control and debt management.
February 21, 2024
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