Corporate direct financing in South Korea declined 10.9 percent in May to 20.14 trillion won, according to Financial Supervisory Service data released Tuesday.
Companies raised funds through stock and bond sales, with the total amount down 2.48 trillion won from April. Stock sales increased by 946 billion won to 1.36 trillion won, while corporate bond sales dropped 3.42 trillion won, or 15.4 percent, to 18.73 trillion won.
Outstanding corporate bonds reached 749.39 trillion won at the end of May, up 4.12 trillion won or 0.6 percent from the prior month.
The figures reflect corporate funding trends for the month of May.
