(MENAFN) Direct financing by South Korea's companies dropped 3.1 percent in the first half of the year over a year earlier, driven by a drop in corporate bond sales, QNA reported.
According to the Financial Supervisory Service (FSS), local companies secured a total of USD56.4 billion in the first six months by selling stocks and debts, compared to USD58.22 billion a year ago.
Corporate debt sales declined to a four-year low of USD53.6 billion in the first half of the year, down 5.2 percent on-year from USD56.5, according to South Korea's (Yonhap) News Agency.
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