[자본시장포커스] 사모펀드 환매중단 사태에 따른 메자닌채권시장의 영향 (2019-22호)

<table width="774" align="center" border="0" cellspacing="0" cellpadding="0"><tbody><tr class="blue"><td valign="top" bgcolor="white"><img alt="" src="https://img1.daumcdn.net/relay/cafe/original/?fname=http%3A%2F%2Fwww.kcmi.re.kr%2Fsendzine%2F002001016%2Fimages%2Ftop01.jpg"> <table width="100%" border="0" cellspacing="0" cellpadding="0" valign="top"><tbody><tr><td width="30"></td><td valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"><tbody><tr class="blue"><td><table width="100%" border="0" cellspacing="0" cellpadding="0"><tbody><tr class="blue"><td height="10"></td></tr><tr class="blue"><td><table width="100%" border="0" cellspacing="0" cellpadding="0"><tbody><tr class="blue"><td align="left"><div style="color: rgb(142, 142, 142); font-family: 돋움; font-size: 17px;"><b>2019-22호</b></div><div style="color: rgb(142, 142, 142); letter-spacing: -1px; font-family: 돋움; font-size: 13px;">2019. 10. 08 ~ 10. 21</div></td><td align="right"><div style="color: rgb(142, 142, 142); line-height: 20px; font-family: 돋움; font-size: 12px;"><a style="color: rgb(142, 142, 142); text-decoration: none;" href="http://www.kcmi.re.kr/publications/publications_list.php?zcd=002001016" target="_blank" rel="noopener noreferrer"><b>지난호 보기</b></a></div></td></tr></tbody></table></td></tr></tbody></table></td></tr><tr class="blue"><td height="20"></td></tr><tr><td valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"><tbody><tr class="blue"><td><table width="100%" border="0" cellspacing="0" cellpadding="0" valign="top"><tbody><tr class="blue"><td colspan="2"><img alt="" src="https://img1.daumcdn.net/relay/cafe/original/?fname=http%3A%2F%2Fwww.kcmi.re.kr%2Fsendzine%2F002001016%2Fimages%2Fttl1_1_20170410.jpg"></td></tr>  <tr class="blue"><td height="20" colspan="2"></td></tr><tr class="blue"><td valign="top"><img alt="" src="https://img1.daumcdn.net/relay/cafe/original/?fname=http%3A%2F%2Fwww.kcmi.re.kr%2Fsendzine%2F002001016%2Fimages%2Ficon01.gif"> </td><td width="370" style="color: rgb(0, 0, 0); font-family: 돋움; font-size: 14px;"><a title="전문보기" style="color: rgb(0, 0, 0); text-decoration: none;" href="http://www.kcmi.re.kr/publications/pub_detail_view.php?syear=2019&zcd=002001016&zno=1491&cno=5320" target="_blank" rel="noopener noreferrer"><b>사모펀드 환매중단 사태에 따른 메자닌채권시장의 영향</b></a></td></tr><tr class="blue"><td height="5" colspan="2"></td></tr><tr class="blue"><td></td><td><span style="color: rgb(95, 95, 95); line-height: 20px; font-family: 돋움; font-size: 12px;">국내 메자닌채권시장은 헤지펀드 도입 및 사모펀드 규제완화에 힘입어 수요가 증가하였고, 신용도가 낮아 회사채 발행이 어려운 기업들이 메자닌채권 발행을 적극 추진함에 따라 시장규모가 크게 성장하였다. ......</span> </td></tr><tr class="blue"><td height="10" colspan="2"></td></tr><tr class="blue"><td height="20" colspan="2"></td></tr><tr class="blue"><td valign="top"><img alt="" src="https://img1.daumcdn.net/relay/cafe/original/?fname=http%3A%2F%2Fwww.kcmi.re.kr%2Fsendzine%2F002001016%2Fimages%2Ficon01.gif"> </td><td width="370" style="color: rgb(0, 0, 0); font-family: 돋움; font-size: 14px;"><a title="전문보기" style="color: rgb(0, 0, 0); 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font-size: 12px;"><b>권종</b></td><td align="center" style="line-height: 30px; font-size: 12px;"><b>서명</b></td><td align="center" style="line-height: 30px; font-size: 12px;"><b>저자</b></td><td align="center" style="line-height: 30px; font-size: 12px;"><b>등록일</b></td></tr><tr class="blue"><td align="center" colspan="4"><img width="100%" alt="" src="https://img1.daumcdn.net/relay/cafe/original/?fname=http%3A%2F%2Fwww.kcmi.re.kr%2Fsendzine%2F002001016%2Fimg%2Fline_gray.gif"></td></tr> <tr class="blue" style="line-height: 30px;"><td align="center" style="font-size: 12px;">이슈보고서 [19-08] </td><td style="font-size: 12px;"><a style="color: rgb(0, 0, 0); text-decoration: none;" href="http://www.kcmi.re.kr/report/report_view?report_no=1067" target="_blank" rel="noopener noreferrer">메자닌채권시장의 특성분석 및 시사점</a> </td><td align="center" style="font-size: 12px;">선임연구위원 김필규</td><td align="center" style="font-size: 12px;">2019. 10. 18</td></tr><tr class="blue"><td align="center" colspan="4"><img width="100%" alt="" src="https://img1.daumcdn.net/relay/cafe/original/?fname=http%3A%2F%2Fwww.kcmi.re.kr%2Fsendzine%2F002001016%2Fimg%2Fline_gray.gif"></td></tr><tr class="blue" style="line-height: 30px;"><td align="center" style="font-size: 12px;">이슈보고서 [19-07] </td><td style="font-size: 12px;"><a style="color: rgb(0, 0, 0); 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text-decoration: none;" href="http://www.kcmi.re.kr/report/report_view?report_no=1062" target="_blank" rel="noopener noreferrer">국내 OCIO 제도 정착을 위한 개선과제</a> </td><td align="center" style="font-size: 12px;">연구위원 남재우</td><td align="center" style="font-size: 12px;">2019. 07. 25</td></tr><tr class="blue"><td align="center" colspan="4"><img width="100%" alt="" src="https://img1.daumcdn.net/relay/cafe/original/?fname=http%3A%2F%2Fwww.kcmi.re.kr%2Fsendzine%2F002001016%2Fimg%2Fline_gray.gif"></td></tr><tr class="blue" style="line-height: 30px;"><td align="center" style="font-size: 12px;">이슈보고서 [19-04] </td><td style="font-size: 12px;"><a style="color: rgb(0, 0, 0); text-decoration: none;" href="http://www.kcmi.re.kr/report/report_view?report_no=1061" target="_blank" rel="noopener noreferrer">자본시장법 시행 후 10년 간 국내 증권업의 변화</a> </td><td align="center" style="font-size: 12px;">선임연구위원 조성훈</td><td align="center" style="font-size: 12px;">2019. 06. 21</td></tr><tr class="blue"><td align="center" colspan="4"><img width="100%" alt="" src="https://img1.daumcdn.net/relay/cafe/original/?fname=http%3A%2F%2Fwww.kcmi.re.kr%2Fsendzine%2F002001016%2Fimg%2Fline_gray.gif"></td></tr><tr class="blue" style="line-height: 30px;"><td align="center" style="font-size: 12px;">이슈보고서 [19-03] </td><td style="font-size: 12px;"><a style="color: rgb(0, 0, 0); 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text-decoration: none;" href="http://www.kcmi.re.kr/report/report_view?report_no=1056" target="_blank" rel="noopener noreferrer">국내 기업의 R&D 추이와 자금조달 제약도 분석</a> </td><td align="center" style="font-size: 12px;">선임연구위원 이석훈</td><td align="center" style="font-size: 12px;">2019. 02. 13</td></tr><tr class="blue"><td align="center" colspan="4"><img width="100%" alt="" src="https://img1.daumcdn.net/relay/cafe/original/?fname=http%3A%2F%2Fwww.kcmi.re.kr%2Fsendzine%2F002001016%2Fimg%2Fline_gray.gif"></td></tr><tr class="blue" style="line-height: 30px;"><td align="center" style="font-size: 12px;">연구보고서 [19-02] </td><td style="font-size: 12px;"><a style="color: rgb(0, 0, 0); text-decoration: none;" href="http://www.kcmi.re.kr/report/report_view?report_no=1058" target="_blank" rel="noopener noreferrer">사적연금 펀드 성과 분석과 연금자산 운용체계</a> </td><td align="center" style="font-size: 12px;">연구위원 홍원구 외</td><td align="center" style="font-size: 12px;">2019. 02. 12</td></tr><tr class="blue"><td align="center" colspan="4"><img width="100%" alt="" src="https://img1.daumcdn.net/relay/cafe/original/?fname=http%3A%2F%2Fwww.kcmi.re.kr%2Fsendzine%2F002001016%2Fimg%2Fline_gray.gif"></td></tr><tr class="blue" style="line-height: 30px;"><td align="center" style="font-size: 12px;">조사보고서 [19-03] </td><td style="font-size: 12px;"><a style="color: rgb(0, 0, 0); text-decoration: none;" href="http://www.kcmi.re.kr/report/report_view?report_no=1057" target="_blank" rel="noopener noreferrer">주요국 자산유동화 규제체계 변화와 시사점</a> </td><td align="center" style="font-size: 12px;">선임연구위원 김필규 외</td><td align="center" style="font-size: 12px;">2019. 02. 08</td></tr><tr class="blue"><td align="center" colspan="4"><img width="100%" alt="" src="https://img1.daumcdn.net/relay/cafe/original/?fname=http%3A%2F%2Fwww.kcmi.re.kr%2Fsendzine%2F002001016%2Fimg%2Fline_gray.gif"></td></tr></tbody></table></td></tr></tbody></table> </td></tr><tr class="blue"><td height="40"></td></tr><tr><td valign="top"><table border="0" cellspacing="0" cellpadding="0"><tbody><tr class="blue" valign="top"><td><img alt="" src="https://img1.daumcdn.net/relay/cafe/original/?fname=http%3A%2F%2Fwww.kcmi.re.kr%2Fsendzine%2F002001016%2Fimages%2Flogo.gif"></td><td valign="top" style="color: rgb(81, 81, 81); font-family: 돋움; font-size: 12px; font-weight: bold;">자본시장연구원</td><td style="color: rgb(81, 81, 81); font-family: 돋움; font-size: 12px;">우.07332, 서울특별시 영등포구 의사당대로 143, 금융투자협회빌딩 9, 10, 18, 19층<br>Tel : 02-3771-0637  <br>CopyrightⓒKCMI.re.kr All Right Reserved.</td></tr><tr class="blue"><td height="15"></td></tr><tr class="blue"><td></td> <td style="color: rgb(143, 143, 143); line-height: 17px; font-family: 돋움; font-size: 12px;" colspan="2">* "자본시장포커스"는 자본시장과 금융투자업에 관련된 주요 이슈를 분석하고 최신 동향을 제공하는 것을<br>   목적으로 발간 됩니다.<br>* 본 메일의 수신을 더 이상 원하지 않으시면 <span style="color: rgb(255, 0, 0); letter-spacing: 0px; font-family: 돋움; font-size: 12px; font-weight: bold;"><a style="color: rgb(255, 0, 0); text-decoration: none;" href="http://www.kcmi.re.kr/sendzine/unsubscribe.php?zine=003001001&email=gold5708@hanmail.net" target="_blank" rel="noopener noreferrer">수신거부</a></span>를 눌러주세요.  </td></tr><tr class="blue"><td height="24"></td></tr></tbody></table></td></tr></tbody></table></td><td width="30"></td></tr></tbody></table></td><td width="1" bgcolor="#ebebeb"></td></tr><tr class="blue"><td height="30" bgcolor="#f8f8f8" colspan="4"><img alt="" src="https://img1.daumcdn.net/relay/cafe/original/?fname=http%3A%2F%2Fwww.kcmi.re.kr%2Fsendzine%2F002001016%2Fimages%2Fbottombg.gif"></td></tr></tbody></table><p><img width="0" height="0" alt="" src="https://img1.daumcdn.net/relay/cafe/original/?fname=http%3A%2F%2Fmailer.ksri.org%3A8888%2Fbin%2Fchecker%3Fmode%3D1%26dtime%3D0%26module%3D11%26service%3D0%26etime%3D20191121092914%26mailidx%3D4528%26seqidx%3D23213%26dmidx%3D0%26emidx%3D0"> <br></p>