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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