The South Korea Financial Supervisory Service published its November 2025 statistics on corporate financing, showing that debt and equity issuance totalled KRW21.8915 trillion, down 7.6% from October, while issuance of commercial paper and short-term bonds rose to KRW166.2919 trillion, up 20.8% month on month. Equity issuance climbed to KRW821.4 billion from KRW93.9 billion, driven by 14 KOSDAQ initial public offerings raising KRW410.9 billion and rights offerings of KRW410.6 billion, including Robotis’ KRW209.9 billion deal. Debt issuance fell to KRW21.0701 trillion as corporate bond issuance dropped 45.0% to KRW1.9560 trillion and financial debenture issuance declined 4.9% to KRW17.3372 trillion, with banks increasing issuance 10.0% to KRW8.9982 trillion while financial holding companies reduced issuance 28.6% to KRW1 trillion; asset-backed securities issuance eased 2.6% to KRW1.7769 trillion, although primary collateralized bond obligation issuance rose 28.8% to KRW585.2 billion. Outstanding debt reached KRW756.2263 trillion at end-November; commercial paper issuance was broadly flat at KRW44.8023 trillion while short-term bond issuance increased 30.7% to KRW121.4896 trillion, leaving outstanding balances of KRW236.2987 trillion for commercial paper and KRW77.9871 trillion for short-term bonds.