Last year, bond settlement value came to 6,362.2 trillion won, up 16.2% from a year earlier on expectations for interest rate cuts, among other factors. The aggregates of bond transaction value totaled 10,614.6 trillion won, rising 18.9% in the same period.
On the 26th, according to Korea Securities Depository (KSD), last year's on-exchange bond market settlement value was 758.8 trillion won, up 19.9% from a year earlier. Over-the-counter institutional bond settlement value rose 15.7% in the same period to 5,603.4 trillion won.
By on-exchange bond market, settlement value in the Government Bonds primary dealer market increased 21.6% year over year to 597 trillion won, while the on-exchange repurchase agreement (REPO) market rose 16% to 145.8 trillion won. Settlement value in the on-exchange general bond market was 16 trillion won, down 0.6% in the same period.
By over-the-counter bond type, bond settlement value climbed 10.2% to 3,158.9 trillion won, while settlement value for certificates of deposit (CDs) and commercial paper (CP) and for short-term bonds increased 12.8% and 34.3% to 1,113.8 trillion won and 1,330.7 trillion won, respectively.