The South Korea Financial Supervisory Service published its October 2025 statistics on corporate financing through debt and equity issuance and short-term funding markets. Total debt and equity issuance reached KRW23.7050 trillion, down KRW4.9891 trillion (17.4%) from September, while issuance of commercial paper (CP) and short-term bonds totaled KRW137.6459 trillion, down KRW12.3867 trillion (8.3%) month on month. Equity issuance dropped 74.6% to KRW93.9 billion, comprising two KOSDAQ IPOs raising KRW52.4 billion and rights offerings of KRW41.5 billion. Debt issuance fell 16.6% to KRW23.6111 trillion, with corporate bond issuance down 37.8% to KRW3.5550 trillion and financial debentures down 11.8% to KRW18.2309 trillion; banks increased issuance 5.1% to KRW8.1799 trillion while financial holding companies fell 41.7% to KRW1.4000 trillion. Asset-backed securities issuance declined 5.9% to KRW1.8252 trillion, including primary collateralized bond obligations of KRW454.2 billion (down 22.1%). As of end-October, outstanding debt stood at KRW750.0447 trillion. CP issuance decreased 6.9% to KRW44.6861 trillion and short-term bond issuance decreased 8.9% to KRW92.9598 trillion; as of end-October, outstanding CP increased 1.8% to KRW234.4648 trillion while outstanding short-term bonds fell 3.9% to KRW78.6585 trillion.