S. Korea's corporate bond sale falls in May

SEOUL, June 19 (Xinhua) -- South Korea's corporate bond sale turned downward in May due to weaker funding demand especially from industrial companies, financial watchdog data showed Wednesday.

The issuance of corporate bonds declined 12.4 percent over the month to 20.97 trillion won (15.2 billion U.S. dollars) in May, after growing in double digits in the previous month, according to the Financial Supervisory Se