Principal-protected autocallables wrapped in ELB are also gaining traction in the country’s retail market.

Sales of structured products in South Korea stood at KRW6.35 trillion (US$4.57 billion) in August, up 54% compared with the prior year’s period but down 8.5% on a monthly basis, SRP data shows. Equity-linked securities (ELS), also known as capital-at-risk products usually feature autocallable payoff, continued their growing momentum with sales jumping to KRW1.75 trillion , up 60% year-on-year (YoY) and four percent month-on-month (MoM). South Korea: sales of structured products by wrappe