South Korea's corporate bond sales dropped in October, but industrial companies saw a significant rise.

South Korea's corporate bond sales fell 3.8% in October to $21.7 billion due to lower demand from financial firms, while industrial companies' bond sales rose 63.7% to $3.6 billion. Financial firms' bond issuance dropped 14.4% to $16.4 billion. Asset-backed securities saw a 40% increase to $1.7 billion. The central bank lowered its interest rate by 0.25% to 3.25%. Equity financing rose to $549.9 million.

November 18, 2024
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