SEOUL, March 26 (Xinhua) -- Corporate bond sale in South Korea posted a double-digit fall in February on emerging worry about the economic slump, financial watchdog data showed Tuesday.
Companies issued debts worth 11.7 trillion won (10.3 billion U.S. dollars) in February, down 12.5 percent from the previous month, according to the Financial Supervisory Service (FSS).
The bond issued by industrial companies tumbled 31.5 percent over the month to 4 trillion won (3.5 billion U.S. dollars) last month on surfacing concern about the economic slowdown.
The country's export kept falling for three months through February, raising worry about the export-driven economy amid the global economic slump.
Debts sold by financial companies inched down 0.2 percent last month, while asset-backed securities (ABS) issuance jumped 50.6 percent. Stock sales advanced 17.8 percent from a month earlier to 289.7 billion won (255.9 million U.S. dollars) in February as an initial public offering (IPO) grew by a double digit.
Companies issued debts worth 11.7 trillion won (10.3 billion U.S. dollars) in February, down 12.5 percent from the previous month, according to the Financial Supervisory Service (FSS).
The bond issued by industrial companies tumbled 31.5 percent over the month to 4 trillion won (3.5 billion U.S. dollars) last month on surfacing concern about the economic slowdown.
The country's export kept falling for three months through February, raising worry about the export-driven economy amid the global economic slump.
Debts sold by financial companies inched down 0.2 percent last month, while asset-backed securities (ABS) issuance jumped 50.6 percent. Stock sales advanced 17.8 percent from a month earlier to 289.7 billion won (255.9 million U.S. dollars) in February as an initial public offering (IPO) grew by a double digit.
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