Arab Today, arab today more korean corporate borrowers creeping back to debt market on rate cuts
Last Updated : GMT 21:25:08
Arab Today, arab today
Arab Today, arab today

More Korean corporate borrowers creeping back to debt market on rate cuts

Arab Today, arab today

Arab Today, arab today More Korean corporate borrowers creeping back to debt market on rate cuts

Credit risk data
Seoul - Yonhap

More corporate borrowers are likely to tap the local debt market to take advantage of low borrowing costs and strong investor demand, with even low-rated players coming back to the market, analysts said Friday.
Corporate borrowers' borrowing costs have been on a decline in tandem with low market rates, which started in August when the Bank of Korea, the country's central bank, cut its base rate by 0.25 percentage point to 2.25 percent.

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