[Nine hyerin financial newspaper reporter Korea - month bond issuance has increased 12 trillion won from the previous month. Corporate bonds still showed a polarized pattern between grade.
According to the Korea Financial Investment Association 13 on presentation bond issuance in January compared to the previous month it has increased by 12 trillion won at the end of the year book closing base effect. The book is closing means financial close in October (Book Closing) of hedge funds tailored to the end of November. In the end of December last year was 32.9 trillion won debt issuance increased by the end of January to 44.9 trillion won.
Corporate bonds issued 3.9 trillion won the previous month increased 1 trillion 800 billion won (+ 80.6%).
This aspect was still polarized between A and BBB rating or higher than rating. A rating or higher dwaeteumyeo 2.2 trillion won increase (+ 678.4%) and 3.2 trillion won the previous month issued, BBB rating was no more than 55 billion won this month's issue was published.
January debentures are forecasting a total of 26 cases of organ involvement increased due to strong demand and supply superior grade corporate bonds, totaled to 2 trillion. This is 50 billion won increase in value compared to the same month last year.
Forecasting the amount involved is 7.7 trillion won, the participation rate (amount of demand forecasting / demand forecast amounts involved) rose 101.5% to 391.0% points YoY. Class participation is graded AA and A ratings or higher than 369.3% to 425.7%, while demand is concentrated agencies, BBB ratings showed a sluggish supply volume and 10.0% in all institutions demand.
In addition, over-the-counter trading volume in January dwaeteuna aggregated 361.9 trillion won, down 6 trillion 800 billion won compared to the previous month, the average daily trading volume adjusted for trading days reported a 18.1 trillion won increase of 1.4 trillion won.
Overall trading volume among investors by decreased trading volume was a record one trillion each 1 6000 compared to the previous month direct marketing and asset management between brokers billion and ₩ 4,000,000,003,000 decreased 206.4 trillion won, 65.4 trillion won.
Foreigners are net buyers in January to 1.6 trillion won to 1.4 trillion won while government bonds, monetary stabilization was estimated that the total net purchases of 3.1 trillion won. Based on balances held in late January has increased by 1.6 trillion won to 90.8 trillion won the previous month.
Meanwhile, the bond market in January showed a flow fluctuations within a narrow range due to the repeated statements of uncertainty and US Federal Commissioner for the fiscal policies of the US government Trump.
Early bond market, but starting with the strong influence of such funds executive resumes and foreign gifts sunmaesuse of agencies, Month late under the influence of external factors such drastic administrative orders trump presidential resulted from the inauguration shortly after and eurozone interest rate rises in long-term water center weakness closed.
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