South Korea’s Financial Supervisory Service published its February 2026 statistics on corporate fund-raising, showing debt and equity issuance totaling KRW19.2497 trillion, up 8.5% from January. Issuance of commercial paper (CP) and short-term bonds totaled KRW159.5722 trillion, a 3.1% month-on-month increase. Equity issuance rose to KRW341.5 billion from KRW108.2 billion, driven by three initial public offerings raising KRW290.8 billion and four public equity offerings raising KRW50.7 billion. Debt issuance increased to KRW18.9082 trillion, although corporate bond issuance fell 28.7% to KRW5.1137 trillion, with 76.0% used for refinancing; AA-rated or higher bonds made up 65.6% and mid-term maturities 96.0%. Financial debentures rose 37.6% to KRW13.3670 trillion, while asset-backed securities (ABS) issuance declined 42.6% to KRW427.5 billion; the outstanding balance of debt fell to KRW748.4481 trillion at end-February. CP issuance declined 19.3% to KRW37.8559 trillion, while short-term bond issuance increased 12.9% to KRW121.7163 trillion. At end-February, outstanding CP was KRW245.3983 trillion and outstanding short-term bonds were KRW86.5256 trillion.