South Korea's corporate bond issuance surged in September.

According to a statement released by South Korea's Financial Supervisory Service on Tuesday, South Korea's corporate bond issuance surged significantly in September, with financial institution bond issuance showing notable growth. In September, South Korea's total corporate bond issuance reached 28.2 trillion won, up 77.5% month-on-month. Among this, financial institutions issued a total of 25.8 trillion won in bonds, up 74.2% month-on-month. Bank-type institutions issued 11.6 trillion won, a sharp increase of 87% month-on-month. General enterprises issued 1.7 trillion won in bonds, surging 457.7% compared with the previous month.