Korean Bonds: Foreign Investors’ Korean Bond Holdings Nears 100 Trillion Won in 2017 | BusinessKorea

Friday, January 19, 2018

Foreign investors’South Korean bond holdings surged more than 9 trillion won (US$8.41 billion) last year majorly due to the strong Korean won.
Foreign investors’South Korean bond holdings surged more than 9 trillion won (US$8.41 billion) last year majorly due to the strong Korean won.
Seoul, Korea
11 January 2018 - 12:00pm
Yoon Yung Sil

The foreign ownership of domestic bonds amounted to 98.5 trillion won (US$92.06 billion) as of the end of last year.

Due to the strong Korean won, foreign investors’ South Korean bond holdings surged more than 9 trillion won (US$8.41 billion) last year.

At the “2017 over-the-counter bond market trend,” the Korea Financial Investment Association said on January 10 that The figure was up 9.2 trillion won (US$8.6 billion) from 89.3 trillion won (US$83.47 billion) a year earlier.

The amount of foreigners’ won-denominated bond net purchases increased dramatically from 12.7 trillion won (US$11.87 billion) in 2016 to 36.3 trillion won (US$33.93 billion) last year.

The total amount of South Korean bond issuance came to 579.5 trillion won (US$541.64 billion) last year, down 2.8 trillion won (US$2.62 billion), or 0.5 percent, from a year ago. Out of the 579.5 trillion won (US$541.64 billion), 93 trillion won (US$86.88 billion) worth of government bonds were issued, down 46.5 trillion won (US$43.44 billion), or 33.4 percent, while 171.7 trillion won (US$160.41 billion) worth of bank bonds were issued owing to the rise in household debts, up 28.4 trillion won (US$26.53 billion), or 19.8 percent. 

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