Issuance in South Korea decreased by seven percent in September, compared to the previous month, with 1,098 products launched in the retail segment.

Sales remained sluggish as investor confidence was rattled from the recent mis-selling scandal despite a rise in the early redemption volume. Banks have come under fire from South Korea’s financial regulator for mis-selling ‘high-risk’ rate linked products tracking German 10-year bond yield, UK and US dollar swap rates. The total sales volume of KRW6.55 trillion (US$5.59 billion), was down by six percent from KRW7.13 trillion in August. Seventy-four products were withdrawn ea

Continue reading with a subscription to the SRP market intelligence platform.

Request Demo

Already a subscriber? Login