The sales of equity-linked securities surged 36% in the third quarter of the year compared to a year ago, the central securities depository’s report reveals.

The total outstanding balance of equity-linked securities (ELS) and equity-linked bonds (ELBs) reached the highest level in a year and a half, hovering around KRW54.2 trillion (US$37.7 billion) by the end of the third quarter of 2025, according to the latest figures released by the Korea Securities Depository (KSD). The ELS, also known as capital-at-risk autocallable notes, saw its outstanding balance rebound to KRW11.9 trillion by the end of September, the highest in five quarters, KSD data sh