Arab Today, arab today lowgrade debts still shunned by investors
Last Updated : GMT 12:48:35
Arab Today, arab today
Arab Today, arab today

Low-grade debts still shunned by investors

Arab Today, arab today

Arab Today, arab today Low-grade debts still shunned by investors

Seoul - Yonhap

Any meaningful recovery in South Korea's corporate bond market does not seem to be in the offing as risk-averse investors still chase after high-rated corporate debts and safer government debts, data showed Tuesday. A total of 5 trillion won (US$4.8 billion) worth of corporate bonds were sold in March, up 900 billion won, or 21 percent, from a month earlier, according to the data compiled by the Korea Financial Investment Association (KOFIA).

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