Most Popular
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[AtoZ into Korean mind] Humor in Korea: Navigating the line between what's funny and not
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[Exclusive] Korean military set to ban iPhones over 'security' concerns
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Yoon seeks rebound, taps 5-term lawmaker as chief of staff
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Korean, Romanian leaders discuss defense tech, nuclear energy
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Medical standoff deepens as doctors reject new med school plan, talks
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[Graphic News] 77% of young Koreans still financially dependent
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N. Korea sends economic delegation to Iran amid suspected military cooperation
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[Herald Interview] Why Toss invited hackers to penetrate its system
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S. Korea calls on Japan to confront history amid Yasukuni Shrine visit
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S. Korean envoys convene to navigate strategy amid Middle East tensions
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Bond issuance in South Korea decreased in April from the previous month due to concerns about the US-led tapering, industry data showed Tuesday.
The value of bonds sold in Asia's fourth-largest economy came to 69.8 trillion won ($54.6 billion) in April, down 900 billion won from a month ago, according to the data from the Korea Financial Investment Association.
The KOFIA attributed the issuance fall to the US Federal Reserve's hawkish signal to raise the policy interest rates to rein in the high-flying price pressure.
In early May, the Fed raised its benchmark interest rate by a half-percentage point and indicated more rate hikes throughout the year. (Yonhap)
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