Korean derivatives-linked issuance rose 24% year-on-year to KRW19.6 trillion in Q1, driven by growth in ELB/DLB, while redemptions pushed outstanding volumes lower.
Issuance of derivatives-linked securities and bonds in Korea rose 24% year-on-year to KRW19.6 trillion (US$14.1 billion) in the first quarter, with principal-protected ELB/DLB products accounting for the bulk of the increase, according to the Financial Supervisory Service (FSS). The total outstanding balance was down KRW1.6 trillion from the end of 2025 Korean issuance of derivatives-linked securities and bonds increased sharply in the first quarter of 2026, although the overall outstanding