Rate-linked products remain popular, Hana Securities leads the issuer’s league table, while NH Investment & Securities and Kiwoom Securities pop up in the top three list.
Derivative-linked bonds (DLBs), the preferred vehicle in South Korea to deliver exposure to interest rates with capital-protection have continued to see their outstanding balance rise, crossing the KRW30 trillion mark by the end of the third quarter of 2025, according to the latest figures released by the Korea Securities Depository (KSD). South Korea: outstanding balance of DLS and DLB (KRW trillion) Source: Korea Securities Depository By the end of the third quarter, the outstanding balanc