As the domestic stock market continues its 'bull run,' the scale of so-called 'debt investment' or 'debt-fueled investing' is growing rapidly.
According to the Financial Investment Association today (28th), the outstanding balance of securities companies' credit trading loans was tallied at 32 trillion 368.4 billion won as of the 26th.
The outstanding credit trading loan balance refers to the amount of funds that investors borrowed from securities companies for stock investment but have not yet repaid.
The balance exceeded 30 trillion won for the first time at the end of last month and increased by more than 2 trillion won in less than a month, representing about a 20% surge compared to the end of last year (27 trillion 286.4 billion won).
In particular, the securities market credit balance increased by approximately 25% from 17 trillion 126 billion won to 21 trillion 486.7 billion won during the same period, significantly outpacing the KOSDAQ increase rate (7%).
As the KOSPI has continued to rise, exceeding the 6,000 level for the first time in history this year, the pace of 'debt investment' increase is also accelerating.
The KOSPI has surged approximately 50% from the end of last year through this month, while the KOSDAQ index rose approximately 30% during the same period.
Investor deposits, which serve as standby capital for the stock market, also stood at 119 trillion won as of the 26th, approaching the historic milestone of breaking through 120 trillion won for the first time.
The Exchange Traded Fund (ETF) market is also expanding.
As of the 27th, ETF net asset value reached a record 387 trillion won, approaching the 400 trillion won milestone.
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https://www.yonhapnewstv.co.kr/news/AKR20260228162307usO
