Interest rate-linked DLBs gain traction. Korea Investment & Securities becomes the largest issuer across wrappers.
Sales of structured products sold in South Korea turned tepid, hovering at around KRW5.14 trillion (US$4.44 billion) in May, up seven percent year-on-year but down 21% month-on-month, according to SRP data. Sales of structured products across the board slowed down in May including capital-at-risk equity-linked securities (ELS) which saw their sales volumes dropping by 15% to KRW1.64 trillion compared to the prior month despite being flat from a year ago. South Korea: sales of structured produc