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With Corona 19, today (23rd), the financial market shook again. KOSPI's 1,500 line collapsed again, and the won-dollar exchange rate surged. Of particular concern are short-term funding and corporate bond markets showing signs of infarction.

Reporter Chan-Keun Park reports.

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Foreign investors continued to sell on the 13th day as the number of corona19 confirmed patients surged in the United States and Europe, and the fear of the recession struck over the recession.

During this period, only 10 trillion won was recovered from the stock market.

Although an individual investor went to the 'lion', early in the market, a sidecar was suspended in both the stock market and the KOSDAQ market, and eventually the KOSPI and KOSDAQ indexes fell sharply by more than 5%.

The anxiety of the foreign exchange market, which seemed to be subdued by the news of the US-Korea currency swap last week, was also recreated.

The won-dollar exchange rate soared 20 won.

[Co-Lak / Daeshin Securities, Asset Research Department Team Leader: The currency seems to indicate a weakness because all currencies except (dollar) are recognized as relatively avoided currencies.]

The bond market was no exception when it came to evading risky assets.

When the stock price fell as the sentiment of 'unconditional cash' spread, the price of bonds, which usually rose, also plummeted.

The market for short-term funds such as corporate paper is frozen, and some BBB-rated corporate bonds have been sold.

The Bank of Korea had to announce that it would buy RPs and RPs to supply liquidity to securities companies.

If the market for corporate financing is crunched, financial institutions are cautious, as marginal companies may face a crisis.

The government plans to finalize and announce the corporate bond quick withdrawal system and the bond market stabilization fund to take over corporate bonds of large corporations that are difficult to finance normally at the second emergency economic meeting tomorrow (24th).

(Video coverage: Shin Dong-hwan, Video editing: Choi Hye-young, CG: Seo Seung-hyun)