Domestic blue-chip stocks were the preferred underlying assets deployed via principal-protected equity-linked bonds last month. Shinhan Securities continued to lead the overall sales, with nearly 17% of the market share.
SRP data shows that the country’s overall structured product monthly sales volume rose to KRW5.8 trillion (US$4.2 billion) in June, up 20% month-on-month (MoM) and one percent year-on-year (YoY). South Korea: sales volumes by month (KRW billion) The biggest contributors were principal protected-focused equity-linked bonds (ELBs), which saw a sales volume of nearly KRW3.2 trillion from 458 products issued last month , translating into a 79% surge in sales MoM. ‘The increase
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