The South Korea Financial Supervisory Service published its July 2025 statistics on corporate financing, showing total debt and equity issuance of KRW28.2484 trillion, up 17.9% from June, driven by a sharp rise in equity issuance, while commercial paper (CP) and short-term bond issuance totaled KRW138.8654 trillion. Equity issuance rose to KRW4.8135 trillion from KRW392.3 billion in June, with IPO proceeds increasing to KRW629.9 billion across ten IPOs, including Daehan Shipbuilding’s KRW400.0 billion KOSPI IPO. Rights offerings climbed to KRW4.1836 trillion, led by Hanwha Aerospace (KRW2.9188 trillion) and POSCO Future M (KRW1.1070 trillion). Debt issuance totaled KRW23.4349 trillion, down 0.5% month on month, as corporate bond issuance fell 13.1% to KRW2.9780 trillion, partly offset by a rise in financial debentures to KRW19.3619 trillion; asset-backed securities issuance dropped 60.4% to KRW1.0950 trillion, with no primary collateralized bond obligation issuance. At end-July, the outstanding balance of debt was KRW725.5888 trillion. CP issuance increased 18.9% month on month to KRW46.4985 trillion and short-term bond issuance rose 10.3% to KRW92.3669 trillion. At end-July, outstanding CP was KRW223.2777 trillion and outstanding short-term bonds were KRW75.1811 trillion.
South Korea Financial Supervisory Service 2025-08-26
South Korea Financial Supervisory Service reports July 2025 jump in equity issuance and higher CP and short-term bond volumes while debt issuance edged down
The South Korea Financial Supervisory Service reported a 17.9% increase in corporate financing for July 2025, totaling KRW28.2484 trillion, driven by a significant rise in equity issuance. Equity issuance surged to KRW4.8135 trillion, with notable IPO proceeds and rights offerings, while debt issuance decreased to KRW23.4349 trillion. Commercial paper and short-term bond issuance also increased, reaching KRW46.4985 trillion and KRW92.3669 trillion, respectively.