South Korea’s Financial Supervisory Service published its annual statistics on corporate financing through capital markets in 2025. Total corporate funding raised via debt and equity issuance reached KRW289.9576 trillion, up 1.0% year on year, while issuance of commercial papers (CP) and short-term bonds totaled KRW1,663.3243 trillion, up 27.6%. Equity issuance rose 55.4% to KRW13.7065 trillion, driven by public equity offerings, which increased to 72 cases and KRW10.0302 trillion in proceeds. Initial public offerings fell to 98 cases and KRW3.6763 trillion in proceeds, with KOSPI IPO proceeds up 0.7% and KOSDAQ down 15.9%. Debt issuance declined 0.7% to KRW276.2510 trillion, alongside a 6.5% increase in corporate bond issuance to KRW53.1260 trillion, where AA or higher ratings accounted for 70.7% and one to five year maturities for 95.0%. Financial debentures fell to KRW203.6803 trillion, while asset-backed securities issuance rose 20.0% to KRW19.4447 trillion. CP issuance increased 15.6% to KRW503.1909 trillion and short-term bond issuance rose 33.6% to KRW1,160.1333 trillion, with outstanding balances at end-December 2025 of KRW227.8512 trillion for CP and KRW84.4943 trillion for short-term bonds.
South Korea Financial Supervisory Service 2026-02-04
South Korea Financial Supervisory Service publishes 2025 issuance data showing KRW289.9576 trillion raised via debt and equity and KRW1,663.3243 trillion via CP and short-term bonds
South Korea's Financial Supervisory Service reported corporate financing through capital markets in 2025 totaled KRW289.9576 trillion, a 1.0% increase from the previous year, with equity issuance rising 55.4% and commercial papers and short-term bonds up 27.6%. Debt issuance slightly decreased by 0.7% to KRW276.2510 trillion, while corporate bond issuance grew 6.5% to KRW53.1260 trillion, with AA or higher ratings comprising 70.7% of the total.