Tesla-linked and Nvidia-linked equity-linked securities (ELS) recorded a sales surge in April, while a basket of index structures remained the top-sellers.
Sales of structured products sold in South Korea increased to KRW6.58 trillion (US$4.7 billion) in April, up 54% year-on-year (YoY), according to SRP data. The sales jump was seen across the board, including capital-at-risk equity-linked securities (ELS) and capital protection-focused equity-linked bonds (ELBs) whose volumes increased by 98% and 35% YoY, respectively. South Korea: sales of structured products by wrappers (KRW trillion) Source: SRP The overall sales volume in April also refl