The country’s issuance of structured products has slid 38.2% to KRW28.8 billion in H1 22 year-on-year. Fixed income underliers didn’t drive the activity seen in other developed markets.
The South Korean market registered 8,976 new products, a decrease from 10,155 posted in the first half of 2021, comprising 7,418 equity-linked securities (ELS), 278 derivative-linked securities (DLS), 843 equity-linked bonds (ELBs), 415 derivative-linked bonds (DLBs) and 22 equity-linked deposits (ELB) “It’s a very quiet market as a result of the regulatory changes that have taken place Korea in the past 12 to 18 months,” a senior salesperson at a European investment bank told
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