On August 7, it was reported by informed sources that SK Hynix has accumulated purchases of approximately 100 trillion to 400 trillion Korean won (about $7 billion to $28 billion) in Korean bond assets this year, with high-end estimates including commercial paper. As of the end of the second quarter of this year, SK Hynix's cash and cash equivalents reached 88 trillion won, an increase of nearly 62% from the previous quarter. The sources indicated that SK Hynix began to expand its bond investments in April of this year, with individual order sizes typically ranging from 100 billion to 300 billion won, primarily focusing on investment-grade bonds rated AA or higher, with maturities generally not exceeding three years. (Bloomberg)
All Comments