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Korea Financial Investment Association

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South Korea: Bond Sales Surge 23 Percent in 2020
January 11th, 2021 - 09:30 GMT

South Korea: Bond Sales Surge 23 Percent in 2020

Bond issuance in South Korea shot up more than 23 percent in 2020 due to a surge in government debt sales to tackle the fallout of the coronavirus outbreak, data showed Monday. The value of bonds issued in Asia's fourth-largest economy came to 844.7 trillion won (US$774 billion) in 2020, up 23.2 percent from the previous year, according to the data from the Korea Financial Investment Association, South Korean News ...
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