ELS records a sales recovery, while DLBs’ volumes surge 79% year-on-year.
Sales of structured products in South Korea surged to a record monthly high since last December, reaching nearly KRW7.1 trillion (US$5.1 billion) in June, according to SRP data. The latest figure reflected a jump of 21% year-on-year (YoY) and 38% month-on-month (MoM). One of the biggest drivers of the sales growth were equity-linked securities (ELS), or capital-at-risk autocallables, which have increased by over 42% YoY and 15% MoM to KRW1.9 trillion in June. South Korea: sales of structured