South Korea Market Review, January 2023: off to a slow start

Issuance fell 31% compared to December 2022 and down 43% year-on-year (YoY). Sales volumes, at KRW5.72 trillion (US$4.4 billion), fell by 72% compared to the previous month and by 59% YoY. Some 92 products were withdrawn early during the month as they did not manage to accumulate enough sales. Of these, eight were offered as a private placement. In January, 1,737 products matured, releasing approximately KRW10.1 trillion back onto the market for reinvestment. The best-performing product was