Both trades mark the bank’s foray into the burgeoning market of ESG alternative investments in South Korea.

Société Genérale has issued an ESG fund-linked swap for a local securities house as well as FX forwards integrated with a sustainability-related KPI for a corporate client. With a notional of KRW20 billion (US$17.8m), the swap tracks the performance of an ESG fixed income mutual fund - the Allianz Euro Credit SRI, which allows the counterparty’s client (a pension fund) to gain upside participation when the underlying appreciates while retaining full principal through

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

Request Demo

Already a subscriber? Login